The Central Bank of Azerbaijan (CBA) has extended the validity of decisions and recommendations regarding measures to support the country’s financial sector due to the continuation of measures to support businesses affected by the COVID-19 pandemic until April 1, 2021, Trend reports referring to the CBA.

The Central Bank of Azerbaijan (CBA) will hold a deposit auction for banks on November 23, 2020, in order to attract 100 million manats ($58.82) for a period of 14 days, Trend reports with reference to the CBA.

As of 2019, the Central Bank of Azerbaijan (CBA) increased the total assets compared to 2018 by 2.5 percent, local media reports referring to KPMG company’s audit report on CBA’s activity for 2019.

Official exchange rate of the Azerbaijani manat against the US dollar, set by the Central Bank of Azerbaijan (CBA), remained unchanged this week (April 15-19), Trend reports.

The weekly turnover at the Baku Stock Exchange (BSE) from Jan. 28 to Feb. 1 amounted to 330.42 million manats, Trend reports referring to the stock exchange on Feb. 4.

Currency reserves of the Central Bank of Azerbaijan (CBA) amounted to $5,465.8 billion in April 2018, which is $846.5 million (18.3 percent) more than in the same period last year, according to statistical data posted on the CBA website.

Azerbaijan has managed to preserve economic growth rates regardless recent developments in the region and drop of oil prices in the world market

The foreign exchange reserves of the Central Bank of Azerbaijan recorded an incr​ease by $163.7 million in May.

The financial stability program will be developed and enforced afterwards, according to the head of CBA.

Official exchange rate of the Azerbaijani manat against the US dollar was set at 1.4957 manats for May 23, said Azerbaijan's Central Bank (CBA) May 20.