Azerbaijan may join the WTO if oil prices continue to remain low

Azerbaijan may join the WTO if oil prices continue to remain low Azerbaijan is preparing for the next meeting of the working groups on the country’s admission to the World Trade Organization (WTO). Azerbaijani Deputy Foreign Minister Mahmud Mammadguliyev informs that the meeting of the working groups will take place in Geneva from 19 to 23 July. “In addition to the meetings of the working groups; Geneva will host multilateral negotiations... Read More

How long will the dollar continue to appreciate against the manat?

How long will the dollar continue to appreciate against the manat? Recently, the frequently asked questions are mostly related to the causes of the depreciation of the manat and at what level and how long the dollar may appreciate. If 149 manat was needed in order to purchase 100 dollars on 25th of May, more than 152 manat is paid per 100 dollars on 20th of June 2016. This implies that the national currency has depreciated by more than 3 manats officially... Read More