9

Azerbaijan's strategic currency reserves hit $88 billion

Azerbaijan's strategic currency reserves reached $88 billion. Central Bank Chairman Taleh Kazimov announced at a press conference.

Benjamin Moore
Benjamin Moore- Senior Editor

Azerbaijan's strategic currency reserves increased by $2.9 billion (3.4%) to $88 billion in January-April 2026.

Oxu.Az reports citing "Report" that Central Bank Chairman Taleh Kazimov made the announcement at a press conference today.

"These reserves cover 38 months of imports and are 3.7 times the broad money supply (M2 aggregate)," he noted.