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According to the official exchange rates of the Central Bank of Azerbaijan for today, the US dollar remained unchanged at 1.7000 manats, the euro increased by 3.1% to 1.9245 manats, and 100 Russian rubles grew by 2.9% to 2.0345 manats.

The Central Bank of Azerbaijan expects a current account surplus of the balance of payments at $5.5 billion by the end of 2025.

The Central Bank of Azerbaijan (CBA) and the Swiss National Bank (SNB) held discussions on open market operations. According to Report, which the CBA, the meeting took place as part of ongoing cooperation and knowledge exchange between the two institutions.

According to the official exchange rates of the Central Bank of Azerbaijan for today, the US dollar remained unchanged at 1.7000 manats, the euro decreased by 0.7% to 1.8669 manats, and 100 Russian rubles went up by 0.2% to 1.9776 manats.

This week the EU has requested 2.1 billion euros in windfall profits generated from immobilised assets of the Russian Central Bank, held by the Central Securities Depositories (CSDs), the European Commission said in a statement, Report informs.

According to the IMF's forecasts, the foreign exchange reserves of the Central Bank of Azerbaijan (CBA) will amount to 10.76 billion (a decrease of 1.82% over the year), and the assets of the State Oil Fund of Azerbaijan (SOFAZ) will amount to 60.91 billion (an increase of 1.47%).

In January of this year, the Central Bank of Azerbaijan forecast inflation at 5.5% in 2025 and 3.8% in 2026. The UN expects inflation in Azerbaijan at 3.6% in 2025 and 3.1% in 2026. The World Bank estimates average annual inflation in the country at 2.3% in both years.

In January of this year, the Central Bank of Azerbaijan predicted inflation at 5.5% in 2025 and 3.8% in 2026. The average annual inflation in Azerbaijan in 2024 was 2.2%, and in January-February 2025 it increased to 5.4%.

To keep inflation within its target range of 4±2%, the central bank has kept its policy rate unchanged at 7.25% since May 2024. In 2025, inflation may rise as well because of higher import prices, driven by spillover effects from possible global tariff changes.

According to the forecast of Azerbaijan's Economy Ministry, GDP growth in 2025 is expected to be at 3.5%, while the Central Bank of the country estimates it at 3.3%. Forecasts of international rating agencies vary.