Baku 21° C
Taleh Kazimov: Azerbaijan's strategic foreign exchange reserves estimated at $88 billion
Finance
- 06 May, 2026
- 11:35
Add Report.az to preferred Google sources
Stay up to date with the top news!
Azerbaijan's strategic foreign exchange reserves increased by $2.9 billion (3.4%) in January–April, reaching $88 billion, Chairman of the Central Bank of Azerbaijan Taleh Kazimov said at a press conference on Wednesday.
"Foreign exchange reserves are sufficient to cover imports of goods for 38 months. Overall, reserves exceed the broad money supply in manats (M2) by 3.7 times," he noted.
Author
Azərbaycanın strateji valyuta ehtiyatları 88 milyard dollara çatıb
Талех Кязымов: Стратегические валютные резервы Азербайджана оцениваются в $88 млрд
Latest News
00:01
Six years pass since another deadly missile attack on Ganja by Armenia
Domestic policy
00:00
Today marks sixth anniversary of Fuzuli's liberation from occupation
Domestic policy
23:41
Photo
Events calling on Armenia to address mine problem held in six European countries
Foreign policy
23:13
AI agents hack systems of several companies in India
ICT
22:53
Azerbaijani weightlifter Gasim Ismayilov claims three medals at European U-23 Championships in Albania
Individual sports
22:29
NYT: White House press secretary fired after five days on the job
Other countries
22:22
European Commission to propose additional funding for Ukraine in 2027
Other countries
22:12
Trump denies involvement in Starlink slowdown in Ukraine
Other countries
21:45
Uzbekistan plans to build two more nuclear power plants
Energy