Azerbaijan’s Oil Fund directed over AZN 10 million for education

AZN 11.35 bn were transferred to the State Budget last year as part of the execution of the budget of the State Oil Fund of Azerbaijan

Oil Fund’s revenues and expenses unveiled

Azerbaijan's foreign exchange reserves exceed $52 bn

Azerbaijan's foreign exchange reserves totaled $52.1 bn as of 1 January 2022.

Exchange rate of Azerbaijani manat for 19 January

Azerbaijani manat rate has grown to the euro, to the Turkish lira, and to the Russian ruble, while is stable to the US dollar

Kapital Bank has announced the financial results of 2021

Kapital Bank’s assets as of January 1, 2022 have amounted to 6.7 bln. manats, while the volume of the Bank’s credit portfolio has reached 2.7 bln. manats.

Deficit of over AZN 993 million forms in budget

Azerbaijan’s State Budget revenues for 2021 amounted to AZN 26.419 bn and expenditures AZN 27.412 bn

Population’s nominal income has grown

The statistical data on the nominal income of the population for 2021 has been published

Expert: Probability of devaluation in Azerbaijan is low

Expert Akram Hasanov has commented on the introduction of restrictions on the purchase of US dollars.

Central Bank restricts purchase of dollars or private banks?

Demand has increased at currency auction in Azerbaijan

As a result of the auction, the weighted average exchange rate of the manat was formed at the level of 1.7000 AZN/USD.