Central Bank: Currency purchases exceed sales by $673 million in Azerbaijan

12:04 - 23.09.2026


September 23, Fineko/abc.az. Over Jan-Aug 2026, the purchase of foreign currency in cash in Azerbaijan exceeded its sale by $673 million.
The Central Bank of Azerbaijan informs that this trend has manifested itself in both cash and non-cash segments.

In addition, the level of dollarization of deposits of resident individuals has decreased by 3.7 percentage points over the past 12 months and fell to 25.8% in May.
In the context of a sharp decline in demand and a significant increase in supply in the foreign exchange market, the CBA intervened to purchase foreign currency. Over the past period of this year, CBA’s foreign exchange reserves increased by 32.9% and amounted to $15.3 billion.