Dynamics of changes in some economic segments

Oil Market

Last week (April 9-13) began with fall in quotations at the oil futures market. As a result of trading sessions on April 9, May futures for Light Sweet at the NYMEX dropped $2.77 to $61.51 per barrel. May futures for Brent at ICE Futures London fell $1.65 to $66.59 per barrel. Fall in oil futures actually impacted on "unwinding" of premiums for risk

Rise in reserves at oil reserves of Kashing was a result of two circumstances. First, oil deliveries to Kashing from west Canada increased. Another important factor was the forecasts on tornadoes in Mexico gulf in 2007.

The most influential stimuli for rise in oil prices is the situation at US petrol market

Currency market

Last week (9-13 April) the official rate of the manat against the US dollar, set by the National Bank of Azerbaijan, grew by 0,0005 point or 0.05%. The average rate was established as 0.86574 to 1 US dollar. Last week the maximum rate of US dollar against the manat was established on 9 April (0,8660 manats to 1 US dollar), the minimum on 13 April (0.8655 to US dollar) As a result of last week's exchange rate of the Azerbaijani manat against the US dollar, established on the basis of results of the Baku Interbank Currency Exchange (BICEX), increased by 0,0005 point or 0.05%. The average rate was fixed at 0.86574 to 1 US dollar

Last week the maximum rate of US dollar against the manat was established on 9 April (AZN 0,8660 per US $1), the minimum 9 April (AZN 0,8655 per US $1).

Deals concluded last week at BEST with transition to currency (T+0) comprised $5.8mln with an average sustained exchange rate of 0,8660 AZN/USD on 9 April, $12,049mln with an average sustained rate of 0,8658 AZN/USD on 10 April, $8,175mln with an average sustained rate of 0,8657 AZN/USD on 11 April, $5.5mln with an average sustained rate of 0,8657 AZN/USD on 12 April and $4,571mln with an average sustained rate of 0,8655 AZN/USD on 13 April. No deal was concluded with USD/AZN T+1, T+2 and SWAP_USD/AZN due to absence of appeals by dealers. The banks did not make appeals for RUB/AZN and EUR/AZN instruments at BEST. Only one deal was concluded on RUB/AZN T+1 on 9 April in the amount of AZN 3,039. the average sustained weight rate AZN 0,0334 manats per 1 RUB.

Privatization Shares Market Privatization Shares Market

During this period the price of vouchers was stable and comprised of 14 manats.

Uzbekistan eyes increasing share of national currency in sovereign bonds
Uzbekistan eyes increasing share of national currency in sovereign bonds
Uzbekistan’s number of enterprises created in healthcare sector in 2020 revealed
Uzbekistan’s number of enterprises created in healthcare sector in 2020 revealed
Uzbekistan’s 2020 volume of remittances up
Uzbekistan’s 2020 volume of remittances up
Loading Bars
Latest
France's daily new COVID-19 infections at a more than six-week high
UK figure of daily new coronavirus cases drops further
Azerbaijani Foreign Minister meets with delegation of the Turkic Council, TURKSOY and Turkic Culture and Heritage Foundation
Spain eyes to support Georgia to further develop its tourism, infrastructure and energy fields
Sweden begins to administer second dose of COVID-19 vaccine
Canada to lift Boeing 737 MAX flight ban on January 20
CBI reacts to the German claim about INSTEX
Weekly review of Georgian capital markets (Jan.11 through Jan.15)
Trade balance between Azerbaijan and Turkey remains positive in 2020
Losses of JSC Georgian Railways increase
Kazakhstan boosts imports from Spain despite COVID-19 pandemic
Georgia makes investments in Kazakhstan's production of ferroalloys
Georgian FM meets Spanish officials in Madrid
Disneyland Paris delays reopening to April 2 due to COVID-19
Crime activity down in Azerbaijan
Kazakhstan discloses projects approved for financing within 'Almaty business-2025' program
Interior minister discloses number of crimes registered in Azerbaijan in 2020
Iran says won't accept new conditions within JCPOA
Azerbaijan names number of servicemen of Internal Troops of Interior Ministry who became martyrs
New memorandum between Azerbaijan and Turkey to be discussed
Azerbaijan shows footage from Alolar village of Kalbajar district (PHOTO/VIDEO)
Azerbaijan confirms 503 more COVID-19 recoveries
Gazprom reveals volume of gas imported by Georgia from Russia
Share of nuts, fruits, citrus peels in Azerbaijan's total export increases
Iranian Energy Exchange announces products to be on sale on January 19
Azerbaijan starts vaccination against coronavirus (PHOTO/VIDEO)
Turkish, Azerbaijani businessmen to carry out joint projects to revive Karabakh
Uzbekistan eyes increasing share of national currency in sovereign bonds
Roadmap for co-op on Lapis-Lazuli project signed
Azerbaijan's Central Bank to improve banking infrastructure in regions during 2021
Azerbaijan's SOCAR Polymer becomes largest importer in Russia
Iran’s Bahar Azadi gold coin price starts to fall
Georgia, Turkey discuss bilateral strategic partnership
Cargo turnover in Georgian ports decreases
Some statements by Armenian officials cause tension - Lavrov
Liberation of Azerbaijani territories forms new economic reality
Iran's Shazand Oil Refining Company opens tender to buy equipment
Volume of lending for Azerbaijani industrial and manufacturing sector increases
Investments in field railroad infrastructure between Turkmenistan, Spain can be implemented
Trilateral Statement on Karabakh has no secret clauses - Russian FM
Armenian side didn't provide lists of prisoners of war immediately and completely - Lavrov
Property appropriated by Georgian MFOs as payment of debts on loans down
Industrial enterprises put into operation in Iran's West Azerbaijan Province
Uzbekistan’s number of enterprises created in healthcare sector in 2020 revealed
Uzbekistan’s 2020 volume of remittances up
Uzbekistan plans to create wholesale electricity and gas market
Azerbaijan to be one of first countries to see COVID-19 pandemic's end - agency's chairman (PHOTO)
Preparatory work under completion in Azerbaijan’s Alley of Martyrs (PHOTO)
Significant number of currency exchange offices closes in Georgia
2021 begins with victories, says President of Azerbaijan
Azerbaijan's export of beverages nearly halves
CISCO eyes to apply smart lighting model in Baku
Let no-one think that they may have special privileges - President of Azerbaijan
War is over, Nagorno-Karabakh conflict consigned to history - President of Azerbaijan
Everything in liberated lands must be done in planned manner - President Aliyev
Main export-import data between Turkmenistan, Spain published
Amount of money saved in biotech field in Iran revealed
Air Arabia airline company returning to Georgian market
Restoration of the Karabakh region is high on my agenda - President of Azerbaijan
Industry, agriculture, non-oil sector, export opportunities, reduction of dependence on imports – all these factors created new reality today - President Aliyev
Azerbaijan's state agency talks current status of road construction to post-war Shusha (PHOTO)
Number of insignia awarded to Azerbaijan's transport workers in 2020 revealed
Kazakhstan decreases export of crude petroleum oils to Romania
Total speeds up renewables push with $2.5 billion investment in Indian solar power
Revenues of Georgian air navigation service provider down
Sale transactions in Georgia's real-estate sector may drop in Jan.-Feb. 2021
President Aliyev attends groundbreaking ceremony for two plants in Sumgayit Chemical Industry Park, inaugurates sheet glass factory (PHOTO)
Bombardier to overhaul Israel Railways carriages
Georgia may receive Pfizer vaccine in 1Q2021
Uzbekistan to receive Pfizer/Biotech vaccine against COVID-19
Iran’s Maskan Bank increases amount of loans issued in Zanjan Province
Analysts raise EU carbon price forecasts after bull run
COVID-19 vaccination may stabilize Azerbaijan's economy
Azerbaijan realizes most import operations via free convertible currency in 2020
Iran to fulfill commitments if JCPOA signatories return to negotiations - Atomic Energy Organization of Iran
USB cable manufacturing launched in Georgia
Azerbaijan records slight growth in 2020 export cargo railway freight
Iran expands manufacturing of equipment in oil sector
Iran reveals COVID-19 data for January 18
Georgia reveals volume of exported tangerines
Iran expects increase of trade with Syria
Vaccination from COVID-19 in Azerbaijan being carried out voluntarily
Turkmengas opens again tender for gas turbine compressor maintenance
German economy at risk of 'sizeable setback' if curbs extended - Bundesbank
Total passenger traffic by buses in Azerbaijan for 2020 disclosed
Kazakhstan boosts production of main precious metals year-on-year
Turkmen garment factory releases annual production data
Volume of foreign investments made in Iran's free trade zones announced
Iranian parliament's investigation of stock exchange, energy exchange dragging on
Kazakhstan reports drastic annual surge in international reserves
Azerbaijan's communication operator expands its coverage area (PHOTO)
Turkmen cotton-spinning factory names volume of output for 2020
Amazon to open two new hubs in Italy this year
Uzbekistan to introduce voluntary accreditation for medical organizations
Crypto currency mining in Iran requires transparency - local blockchain community
Kazakhstan sees increase in transporting cargo via internal waters
Companies based in Iran's Ardabil province ready to participate in restoration of Karabakh
Weekly review of main events of Azerbaijani transport sector
Uzbek currency rates for January 18
Devalued lari reduces microfinance market in Georgia
All news