Fx denominated liabilities as a share of liabilities reached 37.3% in 2023 in Azerbaijan, according to the National Central Bank. This is 17.1% less than in the previous year.
Historically, FX denominated liabilities as a share of liabilities in Azerbaijan reached an all time high of 45.0% in 2022 and an all time low of 37.3% in 2023.
Azerbaijan has been ranked 25th within the group of 76 countries we follow in terms of FX denominated liabilities as a share of liabilities.
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