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The Currency Market in Azerbaijan: Realities, Volatility and Perspectives
(Center for Economic and Social Development, 2017-05-08)
The dollar /manat (AZN) spot exchange rate specifies how much one currency, the US dollar (USD), is currently worth in terms of the other, the manat . On the first of February 2017, the exchange rate of the national currency of Azerbaijan, the manat, ...
Amendments to the 2018 State Budget in Azerbaijan: Back to the oil boom period?
(Center for Economic and Social Development, 2018-06-30)
As expected, in the 2nd week of June, the Azerbaijani government started to revise the state budget and make amendments to it. It should be noted that the higher-than-expected prices of hydrocarbon products in global markets have created a basis for ...
The Economy of Azerbaijan in 2017 -Brief Overview
(Center for Economic and Social Development, 2018-01-16)
The year 2017 posed severe challenges for the economy of Azerbaijan, as it experienced a 3.1% decline in 2016, its first negative GDP growth since 1995. According to initial estimations of EBRD, the economy was expected to experience another negative ...