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Tuesday, July 7, 2026
Azerbaijan's growing reserves reinforce confidence in manat peg

Azerbaijan's growing reserves reinforce confidence in manat peg

The Central Bank of Azerbaijan purchased $1.64bn in the first half of 2026 as oil revenues and falling dollar preference flooded the market with more foreign currency than it could absorb, a problem most developing economies would envy

ADB approves $40m loan to Bank Respublika to expand regional SME financing

ADB approves $40m loan to Bank Respublika to expand regional SME financing

The Asian Development Bank (ADB) has approved a $40 million loan to Bank Respublika to expand access to finance for micro, small and medium-sized enterprises (MSMEs) across Azerbaijan's regions, AzerNEWS reports.

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