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Central Bank of Azerbaijan

The Central Bank of Azerbaijan runs monetary policy and oversees the manat and the financial sector.

THE TIMELINE

Everything FinFly reported

47
Economy · August 11, 2026

Manat Exchange Rates to World Currencies for August 11

The Central Bank of Azerbaijan published official exchange rates for August 11. The dollar remained at 1.7 manats, while the euro rose to 1.9622 manats.

Economy · August 10, 2026

Dollar-to-manat rate remains at 1.7 manats on August 10

Azerbaijan's Central Bank kept the dollar rate at 1.7 manats, the euro rose 0.2%, and the ruble fell 0.8%.

Economy · August 7, 2026

Manat Rate to Dollar Unchanged on August 7

CBA published official exchange rates for August 7: dollar at 1.7 manats, euro at 1.9591, Turkish lira at 0.0356, 100 rubles at 2.0816.

Economy · August 6, 2026

CBA Approves Changes to Corporate Governance Standards

The Central Bank of Azerbaijan has approved amendments to corporate governance standards, introducing an independent customer complaint handling function and expanding ethical conduct rules.

Economy · August 6, 2026

Central Bank of Azerbaijan Comments on Suspension of Transfers via Golden Crown

The Central Bank of Azerbaijan stated it does not interfere in relations between banks and payment systems; decisions to suspend transfers are made by banks independently.

Economy · August 6, 2026

Azerbaijan Central Bank Exchange Rates for August 6

The Central Bank of Azerbaijan kept the dollar rate at 1.7 manats, the euro rose by 0.1%, and the ruble fell by 0.04%.

Economy · August 4, 2026

Kirill Khomyakov: How the Virtual Assets Law Will Change Azerbaijan's Crypto Industry and the Region

Binance: crypto market regulation in Azerbaijan, Open Banking and the role of AI - exclusive interview with Kirill Khomyakov for FinFly.News

Economy · August 4, 2026

Central Bank of Azerbaijan Approves Code of Ethics for Financial Sector

The Board of the Central Bank of Azerbaijan has approved the Code of Ethical and Professional Conduct in the Financial Sector, developed under the sector development strategy for 2024–2026.

Economy · August 3, 2026

Azerbaijan's Foreign Currency Deposits of Households Decline to 4.98 Billion Manats

As of July 1, 2026, household foreign currency deposits in Azerbaijani banks decreased by 0.29% year-on-year to 4.978 billion manats. The share of foreign currency deposits fell to 27.93%.

Economy · August 3, 2026

Azerbaijan Records Over 5,000 Card Fraud Cases Since Start of Year

CBA reports 5,305 card fraud cases totaling 1.07 million manats in Q2 2026.

Economy · August 3, 2026

CBA Issues Directive to Algoritma LLC

The Central Bank of Azerbaijan has issued a binding directive to Algoritma LLC to address violations of minimum total capital requirements and improve internal control systems.

Economy · August 3, 2026

Azerbaijan Central Bank Exchange Rates for August 3

According to the Central Bank of Azerbaijan, the dollar rate against the manat remained unchanged at 1.7 manats.

IT · August 2, 2026

Binance Ready to Share AI Expertise with Azerbaijan's Regulators

Binance has expressed readiness to cooperate with Azerbaijan's regulators in the field of AI, highlighting its achievements in this area.

Crypto · August 2, 2026

Binance Says Ready to Explore Integration with Azerbaijan's Open Banking

Binance sees potential in open banking ecosystems and is considering interaction with Azerbaijan's platform, but specific integrations are premature for now.

Economy · August 1, 2026

CBA mandates banks to set up client complaint handling units

The Central Bank of Azerbaijan has approved changes to corporate governance standards, requiring banks to establish independent units for handling client complaints.

Economy · August 1, 2026

CBA Tightens Corporate Governance Standards for Investment Companies

The Central Bank of Azerbaijan has amended corporate governance standards for investment companies, imposing stricter requirements on their accountability and market conduct.

Economy · August 1, 2026

Manat Circulation Speed Rises to 3.02 Points

As of July 1, the circulation speed of the Azerbaijani manat stood at 3.02 points, up 0.06 points from a month earlier.

Economy · August 1, 2026

Azerbaijan Bank Deposits Rise to 44.2 Billion Manats

Azerbaijan's bank deposit portfolio reached 44.2 billion manats as of July 1, 2026, up 4.6% month-on-month.

Economy · August 1, 2026

Nominal Effective Exchange Rate of Manat Rises to 103.5 Points

As of July 1, 2026, the nominal effective exchange rate of the Azerbaijani manat stood at 103.5 points, up 1 point from a month earlier.

Economy · August 1, 2026

Central Bank of Azerbaijan Revokes Bank BTB License, Transforms It into Non-Bank Credit Organization T-Kredit

The Central Bank of Azerbaijan has revoked the banking license of Bank BTB and issued a license to its successor, the non-bank credit organization T-Kredit.

IT · August 1, 2026

CBA Discusses AI Adoption and Digital Transformation with Banks

The Central Bank of Azerbaijan held a roundtable on digital transformation of the banking sector and AI adoption.

Economy · July 31, 2026

Azerbaijani Banks Could Channel Another 4-6 Billion Manats into Lending

Central Bank Chairman Taleh Kazimov said the banking sector has 4-6 billion manats in free funds that could be directed to lending.

Crypto · July 31, 2026

Azerbaijan's Central Bank Completes Draft Law on Virtual Assets

The Central Bank of Azerbaijan has finalized a draft law on virtual assets and expects its adoption by the end of 2026. Binance welcomes the country's move toward formalized regulation.

Economy · July 31, 2026

Central Bank Chairman on Azerbaijan's Economic Growth

In 2026, Azerbaijan's economic growth is expected at 0.5%, including 2.4% in the non-oil sector.

Economy · July 31, 2026

Central Bank of Azerbaijan Keeps Interest Rate Unchanged

The Central Bank of Azerbaijan (CBA) has decided to maintain the refinancing rate at 6.5%, keeping the interest rate corridor unchanged.

Economy · July 31, 2026

Azerbaijan Central Bank Exchange Rates for July 31

According to the Central Bank of Azerbaijan, the dollar rate against the manat remained unchanged at 1.7 manats.

Economy · July 30, 2026

CBA to Announce Next Interest Rate Decision Tomorrow

On July 31, the Central Bank of Azerbaijan will announce its next decision on the benchmark interest rate.

Economy · July 23, 2026

Azerbaijan's Currency Reserves Reach $85.75 Billion

Azerbaijan's strategic currency reserves stood at $85.75 billion as of July 1, 2026, up 10.4% year-on-year.

Economy · July 22, 2026

Dollar-to-Manat Rate Holds Steady at 1.7 Manat

The Central Bank of Azerbaijan reported the dollar rate unchanged, while the euro fell 0.08% and the ruble 0.07%.

Economy · July 18, 2026

Manat to Dollar Rate Unchanged Over the Week

The weighted average exchange rate of the Azerbaijani manat to the US dollar stood at 1.7000 manat, unchanged over the week. The rate fell against the euro and the ruble.

Economy · July 17, 2026

Central Bank Puts Updated 100 Manat Banknote into Circulation

The Central Bank of Azerbaijan introduced a redesigned 100 manat banknote with advanced security features on July 15.

Economy · July 17, 2026

Volume of Money Transfers to Azerbaijani Banks Revealed

The amount of funds received by Azerbaijani banks through fast money transfer systems in May has been disclosed.

Economy · July 9, 2026

CBA Selects New Banks for Sale of Commemorative Coins

The Central Bank of Azerbaijan has selected TuranBank and Bank of Baku as agents for the sale of commemorative and memorial coins.

Economy · July 9, 2026

Official Azerbaijani Manat Exchange Rates for July 9

Central Bank of Azerbaijan announces official exchange rates for July 9

Economy · July 3, 2026

Central Bank of Azerbaijan and World Bank Discuss SME Financing

The Central Bank of Azerbaijan and the World Bank discussed expanding financing opportunities for small and medium-sized businesses.

Economy · June 30, 2026

ING Forecasts Central Bank of Azerbaijan to Hold Key Rate at 6.5% Through 2026

The Central Bank of Azerbaijan is expected to keep its key rate at 6.5% throughout 2026, according to analysts at Dutch financial group ING.

Economy · June 30, 2026

Compulsory Motor Insurance Saves Citizens from Multi-Million Payouts

Without compulsory motor insurance, Azerbaijani citizens would have to cover losses of 100–120 million manats annually out of their own pockets, says Central Bank Governor Vusal Gurbanov.

Economy · June 29, 2026

CBA Prepares Financial Sector Development Strategy Until 2030

Azerbaijan's financial sector development must balance innovation and risk management, says CBA official.

Crypto · June 29, 2026

Azerbaijan's Central Bank Hopes for Crypto Law by Year-End

The Central Bank of Azerbaijan expects the adoption of a law on cryptocurrencies in the republic by the end of the year.

Economy · June 25, 2026

Volume of Non-Performing Loans in Azerbaijan Increases

As of June 1, the volume of overdue loans in Azerbaijan amounted to 635.4 million manats

Economy · June 24, 2026

Compulsory Insurance and Accident Insurance to Undergo Changes

Azerbaijan plans to amend legislation on compulsory types of insurance

Economy · June 24, 2026

CBA Confident Inflation Will Stay Within Target Range

Annual inflation in Azerbaijan remains within the target range (4% plus/minus 2%) and is developing in line with the baseline scenario forecast, but external inflationary risks continue to intensify.

Economy · June 24, 2026

Cash Foreign Currency Purchases Exceed Sales in Azerbaijan

In January-May 2026, cash foreign currency purchases in Azerbaijan exceeded sales by $311 million, while the dollarization of household deposits continued to decline.

Economy · June 24, 2026

Central Bank of Azerbaijan Moves Up Next Interest Rate Decision Date

The Central Bank of Azerbaijan has rescheduled the next decision on interest rate corridor parameters and the press conference from August 5 to July 31.

Economy · June 24, 2026

Central Bank of Azerbaijan Holds Key Rate Steady

The Board of the Central Bank of Azerbaijan decided to keep the discount rate at 6.5 percent.

Economy · June 23, 2026

Azerbaijan Central Bank Exchange Rates for June 23

According to the Central Bank of Azerbaijan, the dollar exchange rate against the manat remained unchanged at 1.7 manats.

Economy · June 22, 2026

CBA and Islamic Financial Services Board Discuss Cooperation Prospects

The Central Bank of Azerbaijan and the Islamic Financial Services Board discussed cooperation prospects.