Azerbaijan Central Bank's forex reserves to increase by $150 million in 2025

International rating agency S&P Global Ratings forecasts growth in Azerbaijan Central Bank's foreign exchange reserves in 2025.

Report informs, citing S&P, that by the end of 2024, the Central Bank's foreign exchange reserves will amount to $11.613 billion, which corresponds to the figure at the end of 2023.

In 2025, the Central Bank's reserves will reach $11.763 billion, indicating an increase of $150 million during the next year.

As of December 1, 2024, the Central Bank's foreign exchange reserves equal $10.967.8 billion.