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Sunday, August 2, 2026
What $2 billion in Central Bank FX purchases says about manat

What $2 billion in Central Bank FX purchases says about manat

The latest statements from the Central Bank of Azerbaijan provide an important insight into the country's monetary policy and offer investors a clearer picture of where the manat is likely headed in the coming months. While many market participants continue to speculate about possible changes to the exchange rate, the available data suggest that the Central Bank remains firmly committed to preserving currency stability as part of its broader strategy to contain inflation.

South Caucasus Pipeline transports 130 bcm of gas during SOCAR's five-year operational period

South Caucasus Pipeline transports 130 bcm of gas during SOCAR's five-year operational period

A total of 130.4 billion cubic meters (bcm) of natural gas has been transported through the Baku-Tbilisi-Erzurum South Caucasus Pipeline (SCP) between August 1, 2021, and August 1, 2026, the State Oil Company of Azerbaijan (SOCAR) announced, AzerNEWS reports.

Karabakh, East Zangezur attract investment with tax incentives, says presidential representative

Karabakh, East Zangezur attract investment with tax incentives, says presidential representative

Tax and customs incentives, special financial mechanisms, and broad state support are helping attract investment and accelerate economic development in Azerbaijan's Karabakh and East Zangezur regions, according to Vahid Hajiyev, the President's Special Representative in the Jabrayil, Gubadli and Zangilan districts, AzerNEWS reports.

Appellate court panel retires to deliberate on appeals of Armenian citizens [PHOTOS]

Appellate court panel retires to deliberate on appeals of Armenian citizens [PHOTOS]

At the court session, presided over by Judge Elmar Rahimov of the Baku Court of Appeal, joined by Judges Emin Mehdiyev and Mehriban Garayeva (Reserve Judge Ali Mammadov also participated), all individuals subject to appellate proceedings were provided with interpreters in their respective spoken languages—Armenian and Russian—as well as defense counsel to ensure their right to a defense.

US-Iran talks said to be close to restarting

US-Iran talks said to be close to restarting

Talks between the United States and Iran are expected to resume soon after President Donald Trump cancelled planned strikes on Iran, Anadolu Agency reported on Sunday, citing Pakistani government sources, AzerNEWS reports.

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