Day: May 4, 2026

The recent monetary intervention by the Central Bank of Azerbaijan stands as one of the most significant financial maneuvers in the country’s modern economic history, marking a decisive moment in the management of the national currency. During the month of April 2026, the Central Bank actively entered the domestic foreign exchange market to purchase a staggering one billion US dollars.

EU forging closer ties with Armenia as it sends experts to help counter Russian interference  The Guardian

The Organization of the Petroleum Exporting Countries and its partners (OPEC+) said on Sunday that crude oil production is set to increase by 188,000 barrels per day (bpd) in June, confirming expectations, AzerNEWS reports.