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"Following the recommendation of the Central Bank of Azerbaijan and the initiative of ABA and AMFA, the loan debts of the deceased have been written off. We express our deepest condolences to the families of the victims and wish a speedy recovery to the injured."

According to the official exchange rates of the Central Bank of Azerbaijan for today, the US dollar remained unchanged at 1.7000 manats, the euro decreased by 0.4% to 1.7598 manats, and 100 Russian rubles fell by 0.8% to 1.5837 manats.

As of January 1, 2025, the monetary base in Azerbaijan amounted to over 20.916 billion manats (over $12.3 billion), 1.65% more compared to December 1, 2024, Report informs, citing the Central Bank of Azerbaijan (CBA).

As of January 1, 2024, the foreign exchange reserves of the Central Bank of Azerbaijan (CBA) amounted to $10.96 billion, 0.1% less compared to the same period of 2023, Report infoms, citing the CBA. The CBA's foreign exchange reserves have decreased by 5.6% over the past year.

Structural changes have been implemented at the Central Bank of Azerbaijan (CBA), Report informs, citing the CBA. According to the bank, the Department of Supervision over Credit Institutions has been dissolved and two new departments have been created on its basis.

The Central Bank of Azerbaijan (CBA) has made new appointments to the positions of Executive Director and Advisor to the Governor, Report informs, referring to the CBA. Fuad Isayev was appointed Executive Director, and Ulvin Aliyev was appointed Adviser to the Governor of the Central Bank.

According to the official exchange rates of the Central Bank of Azerbaijan for today, the US dollar remained unchanged at 1.7000 manats, the euro increased by 0.7% to 1.7666 manats, and 100 Russian rubles rose by 3.8% to 1.5962 manats.

The Board of the Central Bank of Azerbaijan (CBA) has decided to activate a countercyclical capital buffer at 0.5% of banks' total capital and Tier 1 capital, Report informs via the CBA. The new regulation will take effect from March 1, 2025.

According to the official exchange rates of the Central Bank of Azerbaijan for today, the US dollar remained unchanged at 1.7000 manats, the euro decreased by 1.1% to 1.7536 manats, and 100 Russian rubles went down by 5.8% to 1.5373 manats.

As of December 1, 2024, the volume of broad money supply (M3) in Azerbaijan amounted to 44.69 billion manats ($26.29 billion), Report informs, citing the Central Bank of Azerbaijan (CBA).