Baku, July 31, AZERTAC
In January-June of 2026, Azerbaijan's strategic foreign exchange reserves increased by $0.7 billion, or 0.8%, reaching $85.8 billion, said Governor of the Central Bank of Azerbaijan (CBA), Taleh Kazimov, at a press conference held today on the interest rate corridor parameters.
"The reserves are sufficient to cover 40 months of imports, exceeding the broad money supply by 3.4 times," he added.