Tuesday, 02 January 2024 12:17 GMT

Azerbaijan's Central Bank Reserves Rise 35.7% Year-On-Year To $15.43B


Date:

(MENAFN- Trend News Agency) BAKU, Azerbaijan, November 3. The currency reserves of the Central Bank of Azerbaijan (CBA) rose by $4 billion, or 35.7%, to $15.43 billion as of November 1, 2026, year-on-year.

This was reflected in the CBA's report.

For comparison, as of November 1, 2025, the Central Bank's currency reserves amounted to $11.36 billion.

According to the report, the currency reserves grew by $67 million, or 0.44%, compared to October 1, 2026. On October 1, 2026, this figure reached $15.36 billion.

The report also provided indicators on the dynamics of Azerbaijan's monetary base.

The report noted that the monetary base amounted to over 25.14 billion manat ($14.8 billion) as of November 1, 2026, up 328.2 million manat ($193.1 million), or 1.32%, from October 1, 2026.

At the same time, the country's monetary base increased by 3.75 billion manat ($2.2 billion), or 17.5%, over the past year.

Meanwhile, as of November 1, 2025, Azerbaijan's monetary base amounted to 21.39 billion manat ($12.6 billion). On October 1, 2026, the monetary base stood at 24.8 billion manat ($14.6 billion).

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Trend News Agency

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