National Bank of Georgia (NBG) President Natia Turnava announced during a parliamentary Finance and Budget Committee meeting that the country’s foreign exchange reserves reached a record USD 5.6 billion in October. She highlighted that the NBG actively replenished reserves throughout 2025, including significant purchases in October.
Turnava noted that from January to September, the National Bank’s net foreign exchange purchases totaled USD 1.6 billion. While exact figures for October were pending publication, she emphasized that the central bank had successfully replenished reserves in a “considerable volume.” Detailed data on dollar purchases in October is scheduled for release on November 25.
According to official statistics, Georgia’s foreign exchange reserves increased by USD 175 million in October alone, marking a 37% growth compared to the same period last year, when reserves stood USD 1.5 billion lower. This rise reflects sustained efforts by the NBG to strengthen the country’s external financial position.
The increase in reserves is expected to provide greater stability to Georgia’s currency and financial system, supporting confidence in monetary policy and the broader economy. Turnava’s announcement underscores the central bank’s proactive approach to maintaining adequate liquidity and financial resilience amid global market fluctuations.
