The volume of Azerbaijan’s strategic foreign exchange reserves began to exceed $51 billion by early 2021, Chairman of the Central Bank of Azerbaijan (CBA) Elman Rustamov said. Rustamov made the remark …
Azerbaijan’s Central Bank unveils country’s 2021 inflation outlook
The Central Bank of Azerbaijan (CBA) forecasts the inflation rate in Azerbaijan at 4 percent in 2021, the CBA Chairman Elman Rustamov said, Trend reports. Rustamov made the speech at a press …
Iran Azerbaijan’s top trade partner among Persian Gulf countries in 2020
Azerbaijan’s trade with southern neighbour Iran amounted to $339.1 million, thus making Iran Azerbaijan’s largest trading partner among the Persian Gulf countries in 2020, the State Customs Committee …
EU welcomes return of 5 Armenian POWs from Azerbaijan, calls for immediate release of remaining 57
ARMENPRESS. The European Union has welcomed the return of 5 Armenian prisoners of war from Azerbaijan and called on to immediately release the remaining servicemen, Lead spokesperson for the external …
Azerbaijan, Iran, Turkey to hold trilateral meeting soon
Turkey’s foreign minister announced Friday that Turkey, Azerbaijan and Iran will hold a trilateral meeting in the near future.Addressing a …
Central Bank of Azerbaijan decides not to change interest rate
The Board of the Central Bank of Azerbaijan (CBA) has decided to leave the interest rate at 6.25 percent. At the same time, the upper limit of …
Prisoner swap takes place between Armenia, Azerbaijan
Azerbaijani, 5 Armenian prisoners exchanged under deal, says Russian peacekeeping commander in Upper Karabakh – Anadolu Agency …
Moderate earthquake of magnitude 4.6 just reported 79 km north of Sumqayit, Azerbaijan
An earthquake of magnitude 4.6 occurred only 18 minutes ago 79 km north of Sumqayit, Azerbaijan, the European-Mediterranean Seismological Centre (EMSC) reported. The quake hit at an intermediate depth …
Azerbaijan talks ongoing work on construction of Baku-Guba-Russia border highway
Repair and construction work is intensively underway on the new Baku-Guba-Russia state border highway, starting from 16 kilometers to 30 kilometers (Sumgayit), the State Agency of Azerbaijan …
Non-cash transactions exceed cash turnover for first time in Azerbaijan – ABA’s president
The number of contactless transactions with payment cards in Azerbaijan over 2020 amounted to about 118 million, President of the country’s Banks Association (ABA) Zakir Nuriyev said at the Fintex …