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Georgian Foreign Exchange Reserves Hit A Historic High

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Natia Taktakishvili
16.01.23 13:00
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The volume of foreign exchange reserves of Georgia hit a historic high. According to the report published by the National Bank, the volume of reserves increased by USD 263.9 million in the last month, while the annual growth was USD 628 million or almost 15%.

As of the document, USD 4.425 billion accounts for the foreign currency reserves in international reserves. Part of the amount (USD 2.88 billion) is invested in securities, while another share ( 1.5 billion) - is in cash foreign currency and deposits.  International reserves include special drawing rights of the IMF (SDRs), which amount to 462.3 million.

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