Baku: The volume of notes issued by the Central Bank of Azerbaijan (CBA) saw a significant decrease, shrinking by 6.5 times over the past year. According to Azeri-Press News Agency, this development comes as the CBA adjusts its monetary policy instruments in response to ongoing changes within financial markets and the liquidity position of the … Read more
Baku: Baku Steel Company CJSC (BSC) has successfully passed the audit conducted by the American Petroleum Institute (API), APA reports. This achievement marks an important milestone for BSC in its pursuit of quality and compliance in the oil and gas sectors. According to Azeri-Press News Agency, BSC has completed the certification process in accordance with … Read more
Baku: Azerbaijan’s Central Bank forecasts that stability will be ensured in the foreign exchange market this year as well. A current account surplus of USD 5.5 billion is projected for the year, as reported by APA-Economics citing the Central Bank of Azerbaijan. According to Azeri-Press News Agency, a positive balance of USD 5.5 billion was … Read more
Washington: The US Department of Homeland Security (DHS) has broadened the authority of US law enforcement agencies, allowing them to deport illegal migrants through the “expedited removal” process, bypassing a court decision, APA reports. According to Azeri-Press News Agency, this change aims to enhance national security and public safety while reducing government costs by facilitating … Read more
Baku: The Central Bank of Azerbaijan (CBA) has revealed an improved economic growth forecast for the country’s non-oil sector. The announcement was made by the Chairman of the Central Bank, Taleh Kazimov, during a press conference. According to Azeri-Press News Agency, the Central Bank has revised its economic growth forecast for the end of this … Read more
Baku: In 2025, the nominal effective exchange rate of the Azerbaijani manat will strengthen by 8.2%, Taleh Kazimov, the Chairman of the Central Bank of Azerbaijan (CBA), said during a press conference on the parameters of the interest rate corridor, APA-Economics reports. He noted that the strengthening of the manat would reduce inflation by 2.2 … Read more
Baku: The Central Bank of Azerbaijan has projected the average price of oil for 2025 at 77.3 dollars, Taleh Kazimov, Chairman of the Central Bank, said during a press conference today. According to Azeri-Press News Agency, Kazimov also mentioned that the Central Bank has forecast the average price of natural gas for this year to … Read more
Baku: The second meeting of the Chairmen of the Health Committees of the TURKPA Member Parliaments on “Climate Change and Health: Legislative Responses to the Impact of Climate Change on Health” convened in Baku. Representatives from legislative bodies of the TURKPA member states attended the meeting. According to Azeri-Press News Agency, Ahliman Amiraslanov, Chairman of … Read more
Seoul: Investigators faced another setback on Wednesday as they failed for the third time to forcibly bring in President Yoon Suk Yeol for questioning related to his controversial martial law declaration, APA reports citing YONHAP. The Corruption Investigation Office for High-ranking Officials (CIO) made efforts to question Yoon at the Seoul Detention Center in Uiwang, … Read more
