11:42 - 9.10.2026

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October 9, Fineko/abc.az. Azerbaijan's strategic foreign exchange reserves increased by 9.7% up to $89.38 bn by September 30, 2026.

According to the Central Bank, $15.363 bn of reserves accounted for the official reserves of the Central Bank and $74.17 bn (nearly 83%) for the State Oil Fund (SOFAZ).

This growth is taking place amid a rise on the inflow of foreign currency into the country. From January to August, exports increased by 27.8% up to $21.82 bn, while imports lowered by 24.1% to $11.42 bn (5.2-fold more against Jan-Sept 2025 (surplus of $10.39 bn).

Although the growth of foreign exchange earnings and a drop on import demand support the stability of the manat, the official exchange rate remains at 1.7000 manats.