Azerbaijan’s reserve assets decreased by $413 million in the first quarter of 2025, APA-Economics reports, citing the Central Bank of Azerbaijan.
The report notes that external conditions were favorable for the Azerbaijani economy during the period. The current account surplus amounted to $1.1 billion, while the capital and financial account recorded a deficit of $1.2 billion. During the period, the realized portion of the country’s reserve assets decreased by 0.4 billion US dollars. Despite the decline, Azerbaijan’s strategic currency reserves increased by $2.5 billion, reaching $73.5 billion by the end of the period.
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