Taleh Kazimov: Central Bank could enter the foreign exchange market again by end of 2026

12:10 - 31.07.2026


July 31, Fineko/abc.az. At the end of this year, the Central Bank of Azerbaijan is planning to intervene in the foreign exchange market again, CBA chairman Taleh Kazimov said at a press conference dedicated to the parameters of the interest corridor.

In the first 6 months of the year, the supply in the foreign exchange market significantly exceeded the demand in both the cash and non-cash segments. Over Jan-Jun 2026, cash foreign currency purchases by exchange offices from customers exceeded the volume of sales by $482 million.

The dollarization rate of deposits by resident individuals decreased by 3.8 p.p. over the past 12 months and reached 25.6% in June 2026.

By Elmir Muradov