Industry

Iranian currency rates for September 24

BAKU, Azerbaijan, The Central Bank of Iran (CBI) announced an official rate of foreign currencies on September 24, Trend reports referring to CBI. According to the currency exchange rate of the Central Bank of Iran, 31 currencies increased and 9 have decreased in price, compared to September 22. According to CBI, $1 equals 42,000 Iranian […]

Industry

Azerbaijani oil prices decrease

BAKU, Azerbaijan, The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, decreased by $3.89 on September 23 compared to the previous price, amounting to $89.81 per barrel, Trend reports referring to the source from the country’s oil and gas market. The price of Azeri LT FOB Ceyhan on September 23 […]

Industry

Weekly review of Azerbaijan’s oil market

BAKU, Azerbaijan, Azerbaijani oil prices have dropped this week, Trend reports. The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, equaled $92.46 per barrel, having reduced by $3.64 (3.78 percent) compared to the previous price. The maximum price for Azeri Light CIF oil amounted to $93.73 per barrel, while the […]

Industry

Weekly review of Azerbaijan’s foreign exchange market

BAKU, Azerbaijan, The official exchange rate of the Azerbaijani manat against the US dollar, set by the Central Bank of Azerbaijan Republic (CBA), remained unchanged this week, Trend reports. The average weighted rate based on the results of the week was 1.7 AZN/1 USD. The official exchange rate of the manat against the euro has […]

Industry

Weekly review of Azerbaijan’s precious metals market

BAKU, Azerbaijan, An ounce of gold in Azerbaijan has increased by 0.493 manat (0.02 percent) this week, Trend reports. The average price of one ounce of gold amounted to 2,833.1384 manat, down by 53.8033 manat (1.86 percent) compared to the preceding week. The price of an ounce of silver in Azerbaijan has grown by 0.2234 […]