Hithium Energy Storage Technology has announced a joint venture with Nabilah AlTunisi's company, MANAT, to establish a battery energy storage systems (BESS) manufacturing facility with 5 gigawatt ...
The Central Bank of Azerbaijan devalued the manat, the country’s currency, by 33.8 percent against the U.S. dollar on Saturday. The bank rate for the manat was set at 1.05 to the US dollar from a rate ...
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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not ...
ASHGABAT -- The Turkmen national currency, the manat, has lost some 10 percent of its value on the black market as citizens scramble to buy what little foreign currency is available. RFE/RL ...
For thousands of Azerbaijanis like 58-year-old high-school teacher Nargiz, the Azerbaijani national currency’s precipitous plunge on February 21 wiped out more than their savings. It popped a bubble ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Another currency peg bites the dust. Azerbaijan has followed Kazakhstan’s lead and abandoned the manat’s dollar ...
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