Azerbaijan’s strategic foreign exchange reserves reach $88.4 billion

Azerbaijan’s strategic foreign exchange reserves reached $88.4 billion as of May 1, 2026, up 3.4%, or $2.9 billion, since the beginning of the year, according to a report by the Finance Ministry.

The ministry said the country’s strategic reserves exceed its external public debt several times over, providing an additional buffer for financial stability.

Azerbaijan’s strategic foreign exchange reserves comprise the assets of the State Oil Fund of Azerbaijan (SOFAZ) and the official foreign exchange reserves of the Central Bank of Azerbaijan (CBA).