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The monetary base in Azerbaijan is 20.719 billion manats ($12.187 billion) today, which is 778.8 million manats ($458.117 million) or 3.6% less than on April 1, Report informs referring to the Central Bank of Azerbaijan.
The Central Bank's foreign exchange reserves amounted to $11.62 billion, which is 0.3% more than on April 1, Report informs referring to the Central Bank's data as of May 1.
The Central Bank of Azerbaijan expects a current account surplus of $4 billion by the end of 2025 (in January it predicted $5.5 billion), and in 2026 - $3.5 billion.
Azerbaijan and Türkiye discussed issues of improving the agricultural insurance system, Report informs with reference to the Central Bank of Azerbaijan (CBA).
In 2024, the CBA conducted a comprehensive study of the impact of climate factors on macroeconomic indicators and monetary policy, examining international experience and strategies of leading central banks.
The Central Bank of Azerbaijan will include elements related to environmental, social and governance (ESG) risks in credit risk management rules and corporate standards, reads the Central Bank's report on sustainable finance, Report informs.
The expansion of the variety of investment tools was discussed at the Central Bank of Azerbaijan (CBA), Report informs, citing the CBA.
One of the main priorities of the Central Bank of Azerbaijan (CBA) for 2025 is the development of an ecosystem aimed at encouraging sustainable financial flows in the country, reads the Report on Sustainable Financing of the Central Bank of Azerbaijan (CBA), Report informs.
At the end of 2024, there were 184 operational electric vehicle charging stations in Azerbaijan, Report informs, citing the Central Bank of Azerbaijan (CBA). According to the bank, 160 new electric buses were purchased last year.
Azerbaijan's Central Bank of Azerbaijan has approved a methodological guide for assessing institutional risks in financial institutions in the context of legalization of property obtained by criminal means, financing of terrorism and proliferation of weapons of mass destruction, Report informs referring