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Turkish politician: U.S. threatens Ankara to disable SWIFT for helping Russia

U.S. threats to disconnect Turkish banks from the SWIFT system are forcing Türkiye to reduce trade with Russia.

Banks’ demand at currency auction declined by 6.8%

Following the currency auction, the weighted average exchange rate was 1.7000 AZN/USD.

Central Bank currency rates for 8 October

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

An innovation in relation to credit cards – rules for issuing can be tightened

In recent years, the demand for credit cards has increased.

Central Bank of China stops buying gold

The central bank of China refrained from buying gold for its reserves for the fifth month in a row, Reuters writes.

Winners of the first draw of Kapital bank’s deposit lottery announced 

Central Bank currency rates for 7 October

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 offers life insurance for loan customers

Central Bank currency rates for 4 October

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

British sanctions imposed on Belarus’ Alfa-Bank

The British authorities imposed sanctions against Alfa-Bank Belarus CJSC.

When will the law on green bonds come into force in Azerbaijan?

Banks account for 95% of Azerbaijan's financial sector

Banks’ demand at foreign exchange auction increased by 7.6%

Following the currency auction, the weighted average exchange rate was 1.7000 AZN/USD.

Central Bank currency rates for 3 October

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

Trump releases his own сryptocurrency

Donald Trump, who gave positive messages to cryptocurrency investors on the eve of the election, also entered this sector.

WB: Azerbaijan lags behind countries of region in field of human capital

Central Bank currency rates for 2 October

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

Monetary base in Azerbaijan has grown

CBA's foreign exchange reserves increased by 1.6% for Jan-Sept 2024

Taleh Kazimov: Reforms are underway to bring Azerbaijan's financial sector to a new level of development

All-round reforms for bringing the financial sector of Azerbaijan a qualitatively new level of development are being successfully implemented.

CBA representative: Amount of cashback depends on business model of banks

If the Central Bank sees the impact of banks' cashback companies on their financial stability, it can give instructions on optimizing costs