Baku:Azerbaijan's strategic foreign exchange reserves have reached a significant milestone, standing at $89.4 billion as of October 1. This amount is approximately 19.8 times greater than the country's external debt.

According to Azerbaijan State News Agency, this information was revealed in the state debt report for the third quarter of 2026, released by the Ministry of Finance.

The report underscores Azerbaijan's robust economic position, highlighting the substantial gap between its reserves and external debt.