Baku 21° C
CBA: Cash FX purchases in Azerbaijan exceed sales by $759M
Finance
- 29 October, 2026
- 10:50
Add Report.az to preferred Google sources
Stay up to date with the top news!
In January–September 2026, cash foreign currency (FX) purchases by exchange offices exceeded sales by $759 million, Report informs, citing the Central Bank of Azerbaijan (CBA).
According to the bank, supply significantly prevailed over demand in both cash and cashless segments in the FX market.
"Dollarization of resident individuals" deposits decreased by 3.3 percentage points to 25.7% year-over-year in September 2026.
Amid a sharp decline in demand and an increase in supply, the Central Bank purchased foreign currency to absorb the excess supply in the FX market. Over 9 months, FX reserves of the Central Bank increased by 33.4% to $15.4 billion," the CBA said.
Author
AMB: 9 ayda nağd xarici valyutanın alışı satışını 759 milyon dollar üstələyib
ЦБА: Покупка наличной инвалюты превысила продажу на $759 млн с начала 2026г
Latest News
23:58
Azerbaijani foreign minister joins park opening on sidelines of OTS summit
Foreign policy
23:53
Photo
Azerbaijani heritage in Gorchulu village Armenianized, residents subjected to ethnic cleansing
Domestic policy
23:32
Photo
First Vice-President Mehriban Aliyeva attended performance of 'The Seagull'
Cultural policy
23:29
Alphabet loses $477 billion in market value after earnings report
ICT
23:11
Hikmat Hajiyev shares AnewZ documentary on Garabagh and missing persons
Domestic policy
22:46
Russia open to renewed ties with EU and individual European states, Putin says
Region
22:22
South Caucasus ambassadors discuss peace and connectivity in Rome
Foreign policy
21:54
Azerbaijani, Czech ambassadors discuss bilateral ties in Tashkent
Foreign policy
21:48
Photo
'ENGRAM' exhibition opens at Museum of Azerbaijani Painting
Culture