Bank Of Baku

Azerbaijan's strategic foreign exchange reserves exceed $77 bln

Chairman of the Central Bank of Azerbaijan, Taleh Kazimov

© APA | Chairman of the Central Bank of Azerbaijan, Taleh Kazimov

# 23 July 2025 11:37 (UTC +04:00)

Azerbaijan's strategic foreign exchange reserves increased by 9.4% to $77.4 billion in the first half of this year, Chairman of the Central Bank of Azerbaijan, Taleh Kazimov said at a press conference held today, APA-Economics reports.

According to him, the CBA's foreign exchange reserves have reached $11.2 billion.

"The country's strategic foreign exchange reserves are sufficient to finance goods and services for 36 months, which is a fairly high indicator," the CBA Chairman noted.

 

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