15 July 2026

Central Bank of Azerbaijan and National Bank of Slovakia discussed cooperation

Governor of the Central Bank of Azerbaijan Taleh Kazimov met with a delegation led by Peter Kažimír, Governor of the National Bank of Slovakia, who is visiting Azerbaijan. During the meeting, the significant potential for cooperation in regulating capital markets and the insurance sector, modernizing supervisory frameworks, ensuring financial stability, increasing financial literacy, combating digital fraud, and improving consumer rights protection mechanisms was emphasized.

18 June 2026

Azerbaijan Central Bank and Sudan Central Bank sign Memorandum of Understanding on cooperation

The Central Banks of Azerbaijan and Sudan signed a Memorandum of Understanding to strengthen the legal and institutional foundations of cooperation, expand their mutual relations, and promote the exchange of advanced knowledge and experience in central banking between the organisations. The Memorandum will facilitate deeper cooperation in the areas of monetary policy, the financial sector, payment systems, financial technologies, banking supervision, and the prevention of the legalization of criminally acquired property and the financing of terrorism.

5 June 2026

Second meeting of Turkic Central Bank Council concludes in Baku

The Central Bank of Azerbaijan hosted the second meeting of the Council of Central (National) Banks of the member states of the Organization of Turkic States (OTS). The Council convened later at the Central Bank’s new HQs, with participation from OTS Secretary General Kubanychbek Omuraliev, a delegation from the National Bank of Kazakhstan, senior officials from the central banks of Kazakhstan, Kyrgyzstan, Türkiye, and Uzbekistan, as well as governors from Hungary and the Turkish Republic of Northern Cyprus as observers.

AZN exchange rate

From 24.07.2026

1 USD

1.7000

1 EUR

1.9345

↓

100 RUB

2.1711

↓

1 TRY

0.0359

↓

Full List

Interest rates

From 05.02.2026

Corridor floor

5.5%

Corridor ceiling

7.5%

Refinancing rate

6.5%

Inflation

Annual inflation 5.8% - June 2026

Target4 (±2) %

Money market

on 23.07.2026

AZIR (Azerbaijan Interbank Rate)i

6.3498%

30-day compounded AZIR

6.4143%

90-day compounded AZIR

6.4737%

180-day compounded AZIR

6.5635%

AZIR Compounded Index

112.741773

📄 Methodology for AZIR 📄 Compounded Term Indices

24.07.2026

Central Bank introduces securities lending

24 July 2026, Baku: The Central Bank has launched a securities lending program as part of its efforts to diversify the instruments used to manage its foreign exchange reserves and increase investment returns. The program took effect on 23 July 2026. The program will be administered by the Bank of New York Mellon (BNYM), the Central Bank's long-standing partner and global custodian. Under the program, BNYM will facilitate the short-term lending of debt securities from the Central Bank's investment portfolio in international financial markets. The total value of securities available for lending will be up to $1 billion. The program is expected to generate additional income wh...