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Azerbaijan's Central Bank endures fall in foreign currency reserves in latest figures

Economy Materials 2 April 2025 15:50 (UTC +04:00)
Azerbaijan's Central Bank endures fall in foreign currency reserves in latest figures
Sadig Javadov
Sadig Javadov
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BAKU, Azerbaijan, April 2.​ The foreign currency reserves of the Central Bank of Azerbaijan (CBA) amounted to over $11 billion as of April 1, 2025.

Data obtained by Trend from the CBA indicates that this metric indicates a marginal uptick of $34.7 million, equating to a 0.3 percent elevation relative to the data point from March 1.

The asset reserves have experienced an uptick of approximately $38 million, translating to a 0.3 percent increase, since the commencement of the fiscal year. Nevertheless, in juxtaposition to the corresponding timeframe from the previous fiscal year, the foreign exchange reserves have contracted by over five percent.

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