The Bank of Azerbaijan's Foreign Exchange Reserves Reached a Historic Peak of $15.3 Billion.
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4 Articles
The currency reserves of the Central Bank of Azerbaijan (CBA) increased by $1.5 billion in August, reaching a historic peak of $15.3 billion, says the bank's message. "In the face of the current account surplus and the ongoing process of de-dollarization in the financial sector, the supply of the foreign exchange market exceeded demand.
The foreign exchange reserves of the Central Bank of Azerbaijan (CBA) increased by 1 billion 533.4 million US dollars or 11.14% in August 2026 and reached 15 billion 301 million dollars as of August 31. This was reported by Banker.az in the information obtained from the bank. Thus, the CBA's foreign exchange reserves exceeded 15 billion dollars for the first time in history, reaching a historical maximum level. The last time […]
Against the backdrop of a surplus in the current account balance of payments and the ongoing dedollarization process in the financial sector, supply in the foreign exchange market exceeded demand.
The official foreign exchange reserves of the Central Bank of Azerbaijan (CBA) increased in the first 8 months of 2026
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