...

Azerbaijani Central Bank's foreign exchange reserves and monetary base decrease

Economy Materials 3 March 2025 14:53 (UTC +04:00)
Azerbaijani Central Bank's foreign exchange reserves and monetary base decrease
Sadig Javadov
Sadig Javadov
Read more

BAKU, Azerbaijan, March 3. The foreign exchange reserves of the Central Bank of Azerbaijan (CBA) amounted to $11 billion as of March 1, 2025.

Data obtained by Trend from the CBA shows that this metric experienced an uptick of 0.9 percent relative to the baseline established on February 1 of the current fiscal year.

Meanwhile, as of March 1 this year, the monetary base in Azerbaijan amounted to 20.1 billion manat ($11.8 billion).

The metric exhibited a contraction of 1.5 percent, translating to a decrement of 282.1 million manat or $165.9 million relative to preceding months.

Tags:
Latest

Latest