Taleh Kazimov: Strategic foreign exchange reserves are sufficient for 40 months of imports

Azerbaijan's strategic foreign exchange reserves increased by $0.7 billion (0.8%) in January-June 2026, reaching $85.8 billion.

As reported by BAKU.WS with reference to Report, this was announced by the Chairman of the Central Bank of Azerbaijan Taleh Kazimov at today's press conference.

"These reserves are sufficient to cover imports for 40 months. Overall, the country's foreign exchange reserves exceed the broad manat money supply (monetary aggregate M2) by 3.4 times," he noted.