CBA: Supply at foreign exchange market exceeds demand

11:45 - 22.10.2025


October 22, Fineko/abc.az. The foreign exchange market remains stable, with overall supply exceeding demand.

ABC.AZ reports, referring to the CBA, that foreign currency purchase operations have exceeded sales operations over the past seven months.

«Dollarization of resident individuals’ savings has decreased by 1.8 percentage points over the past 12 months to 29%, reflecting optimistic exchange-rate-related expectations. The key factor of the FX market equilibrium – the external sector indicators remain favorable. According to the State Customs Committee, foreign trade surplus amounted to $1.8B during nine months of 2025. Positive year-on-year dynamics in remittances supports current account surplus of the balance of payments. The Central Bank slightly revised upward its current account surplus forecast for the yearend of 2025, while the forecast for 2026 was kept unchanged,» the CBA says.