In the first nine months of 2025, Azerbaijani insurers collected a total of 655.4 million manats in life insurance premiums, Azernews reports, citing the Central Bank of Azerbaijan (CBA). This represents an increase of 95.3 million manats, or 17%, compared to the same period in 2024. During the reporting period, life insurance payouts rose by…
Day: October 27, 2025
Georgia’s National Bank (NBG) said it purchased USD 100 million in September, bringing the country’s total international reserves to over USD 5.4 billion.
According to updated data from the NBG, monthly purchases amounted to USD 101.7 million in March, USD 266.4 million in April, USD 245.4 million in May, USD 266 million in June, USD 416.9 million in July, USD 199.6 million in August, and USD 100 million in September, all through the Bmatch trading platform. Overall, the Bank made net purchases of USD 1.6 billion between January and September 2025.
“International foreign currency reserves are a significant guarantor of the country’s macroeconomic stability,” the NGB said on October 27, adding that it increases reserves “when the market allows it.” The updated data on foreign exchange market operations will be published on November 25, 2025.
The steady refilling of reserves follows large-scale foreign currency sales in 2024, when the central bank sold over USD 900 million amid mass protests against the Foreign Agents Law in spring and again in the fall during the pre-election campaign. In October 2024 alone, during general elections, the Bank sold USD 591 million to prevent currency devaluation, leading to a record USD 630 million, the largest one-month decline in history.
Also Read:
- 07/10/2025 – National Bank Says Georgia’s International Reserves Exceed $5.4 Billion by September
- 25/09/2025 – National Bank Says International Reserves Up by $1.5 billion in 2025
- 16/09/2025 – One Person Detained Over Alleged Scheme of Laundering up to $700 Million
- 29/07/2025 – NBG Replenishes International Reserves as IMF Praises Georgia’s ‘Resilience’
- 18/07/2025 – NBG Denies Seeking SWIFT Alternative After Meeting With Chinese Payment System Head
Azerbaijan and the United Nations have signed the Framework Document on Cooperation on Sustainable Development (UNSDCF) for 2026–2030, marking a new phase in their long-standing partnership. The signing ceremony took place in Baku during an event dedicated to the 80th anniversary of the establishment of the United Nations, Azernews reports.