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Sunday, November 15, 2026
Azerbaijan has $85 bln in reserves - Can it weather a stronger dollar?

Azerbaijan has $85 bln in reserves - Can it weather a stronger dollar?

The Federal Reserve’s renewed inclination toward monetary tightening is putting emerging markets back in the spotlight, as persistent US inflation, rising energy costs and resilient domestic demand strengthen the case for another increase in borrowing costs. For emerging economies such as Azerbaijan, the implications extend beyond currency movements, reaching sovereign financing, oil revenues, foreign investment and the valuation of international reserve portfolios.

Leyla Aliyeva holds series of meetings on sidelines of COP31 [PHOTOS]

Leyla Aliyeva holds series of meetings on sidelines of COP31 [PHOTOS]

Leyla Aliyeva, Vice-President of the Heydar Aliyev Foundation and Founder and Head of the IDEA Public Union, met with Salim bin Mohammed Al Malik, Director-General of the Islamic World Educational, Scientific and Cultural Organisation (ICESCO), on 14 November on the sidelines of the 31st session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP31).

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