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Foreign Exchange Reserves Decreased To USD 4.7 BLN In February

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Natia Taktakishvili
07.03.23 19:00
273
The National Bank of Georgia has published the statistics on foreign exchange reserves for the month of February. According to the document, during the last month, the country's reserves decreased by USD 179 million amounting to USD 4.74 billion.

The statistics of the National Bank do not show what caused this decrease. Presumably, this decrease would be related to public debt servicing operations.

At the same time, the National Bank continues to buy USD in the foreign exchange market. In January, the NBG bought USD 155 million through the Bmatch platform, which was a record-high volume, purchased through this platform.