Sales at currency auctions in Azerbaijan down by 25%

Kanan Sadigov
Author

During the currency auctions held by the Central Bank of Azerbaijan (CBA) together with the State Oil Fund (SOFAZ), the sales amounted to $3,878,200,000 (-25.2%) in January-December of this year, Report informs, citing the Central Bank of Azerbaijan.

This month alone, forex sales amounted to $603.8 million (+1.3%).

Other News

Azerbaijan and IMF discuss cooperation and future priorities 04 February, 2026 / 14:56
CBA: Number of unique bank depositors in Azerbaijan reaches almost 200,000 04 February, 2026 / 14:13
Azerbaijan central bank does not seek full dedollarization of deposits 04 February, 2026 / 14:12
CBA Governor: Azerbaijan stays out of global economic war 04 February, 2026 / 14:06
Taleh Kazimov: Some experts create hype around exchange rates in Azerbaijan 04 February, 2026 / 13:42
Central Bank of Azerbaijan sees no need for sector-specific banks 04 February, 2026 / 13:28
Volume of Azerbaijan's Eurobonds in circulation in 2025 revealed 04 February, 2026 / 13:19
CBA: Azerbaijanis purchased net $17B worth of foreign currency in 25 years 04 February, 2026 / 13:13
Central Bank of Azerbaijan drafts new law on pawnshops 04 February, 2026 / 13:00
CBA: Impact of refinancing rate on deposit, credit interest rates increases 04 February, 2026 / 12:43
Kazimov: Azerbaijan's Central Bank sold twice as less on forex market as planned in January 04 February, 2026 / 12:39
CBA: Azerbaijan's current account balance to reach $3.7 billion in 2025 04 February, 2026 / 12:37
Azerbaijan's banking sector's excess liquid funds reach almost AZN3 billion 04 February, 2026 / 12:26
Azerbaijan's Central Bank improves its GDP growth forecast for 2026 04 February, 2026 / 12:19
Cash foreign currency trades in Azerbaijan exceeded $423M in 2025, says CBA 04 February, 2026 / 11:57
New composition of Azerbaijan's external public debt announced 04 February, 2026 / 11:49
Composition of Azerbaijan's state-guaranteed debt revealed 04 February, 2026 / 11:37
Azerbaijan's domestic public debt reaches 17.8B manats 04 February, 2026 / 11:35
Azerbaijan's CBA: Current account to be in surplus by end of 2026-2027 04 February, 2026 / 11:31
Azerbaijan's Central Bank sees decrease in interbank rate's average daily level in January 04 February, 2026 / 11:27