Azerbaijani Central Bank eases entry requirements for local banks in foreign exchange auctions

Azerbaijani Central Bank eases entry requirements for local banks in foreign exchange auctions

Shorouk Express BAKU, Azerbaijan, January 10. The Central Bank of Azerbaijan (CBA) has eased entry requirements for local banks in foreign exchange auctions, Trend reports. This issue has been reflected in amendments to “Rules for the purchase and sale of foreign currency between the Central Bank and banks” approved by decree No. 49/2 of November…

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South American shipyards end 2024 positively as regional navies bet on local manufacturers

South American shipyards end 2024 positively as regional navies bet on local manufacturers

The final quarter of 2024 was busy for South American shipyards with necessary bulletins that counsel a promising 2025. Shipyards in Brazil, Chile, Colombia and Peru have been shifting ahead with development initiatives for home and even regional clients. Brazil has essentially the most superior shipbuilding capability within the area, exemplified by the profitable PROSUB submarine…

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