Azerbaijan Relocates 42 Families to Jabrayil

Baku: Today, another group of former internally displaced persons, consisting of families temporarily settled in dormitories, sanatoriums, pioneer camps, and administrative buildings in various territories of Azerbaijan, was sent to the city of Jabray…

Azerbaijan Central Bank Releases New Exchange Rates

Baku: The Central Bank of Azerbaijan has released the latest exchange rates, providing insights into the value of various currencies against the Azerbaijani manat.

According to Azeri-Press News Agency, as of February 17, 2025, the exchange rate for …

Azerbaijan’s Foreign Trade Turnover Surges by Over 70%

Baku: Azerbaijan’s foreign trade turnover saw a significant increase of 70.5% in January 2025 compared to the same period the previous year, reaching USD 5 billion 90.8 million. This substantial rise indicates robust economic activity and an expansion…

Azerbaijan to Maximize Gold Reserves in 2024 – Exclusive

Baku: The State Oil Fund of Azerbaijan (SOFAZ) is planning to increase the share of gold in its investment portfolio to 25% this year, SOFAZ stated in response to APA-Economics’ inquiry.

According to Azeri-Press News Agency, the amount of gold purch…