10:50 - 6.05.2026

---

May 6, Fineko/abc.az. Over Jan-Apr 2026, purchases of foreign currency in cash at Azerbaijani exchange offices exceeded sales by $190 million.

ABC.AZ reports, referring to the CBA, that the supply of foreign currency in the market exceeded demand in both cash and non-cash segments.

According to the regulator, the drop in the level of dollarization of deposits of resident individuals over the past 12 months by 2.1 percentage points to 28% as of March indicates positive expectations regarding the stability of the exchange rate.

The CBA also noted that amid significant decrease in demand from banks at the April currency auctions, oversupply of foreign currency formed on the market. Under these circumstances, the regulator conducted currency purchase interventions.

Over Jan-Apr 2026, CBA's foreign exchange reserves grew by 10.2% up to $12.7 billion.