11:02 - 31.07.2026

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July 31, Fineko/abc.az. Over Jan-Jun 2026, purchase of cash foreign currency exceeded its sale by $482 million in Azerbaijan.

According to the Central Bank of Azerbaijan, this trend was observed in both the cash and non-cash segments of the foreign exchange market.

In the context of a sharp decline in demand and a significant increase in supply, the CBA conducted interventions to buy currency. As a result, regulator's foreign exchange reserves have increased by $2.2 billion (19.5%) since the beginning of the year, reaching $13.8 billion.

In addition, the level of de-dollarization of individual deposits continues to grow: the share of foreign currency deposits of resident individuals declined by 3.8 p.p. for the past 12 months, reaching 25.6% in May.