15:11 - 11.07.2025

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July 11, Fineko/abc.az. Following Fitch, international rating agency Moody's assigned investment grade rating of Baa3 to Azerbaijan and published a positive outlook.

ABC.AZ informs that the agency justified its decision by strengthening fiscal and external reserve buffers, as well as the potential for developing diplomatic relations.

However, country's trade balance is weakening amid the volatility of the oil market. Azerbaijan's foreign trade surplus in the 12 months to May 2025 reached $2.7 billion. This figure was $5.5 billion in 2024 and $16.6 billion in 2023.