Prime Minister Irakli Kobakhidze said Georgia’s strong economic growth is enabling the country to increase its foreign exchange reserves, which exceeded USD 8 billion for the first time last month.
Reserves rose by 56.4% year-on-year and increased by USD 613 million from the previous month. Reserve adequacy reached 128.2%, above the IMF’s 100% benchmark, while reserves have doubled since October 2024.
Kobakhidze said the National Bank purchased more than USD 2.5 billion in foreign currency on a net basis during January-July 2026, taking advantage of favorable conditions in the foreign exchange market.
He also highlighted reserve diversification through monetary gold. After its first gold investment in 2024, the National Bank purchased another $100 million worth this year. Gold now accounts for more than 14% of Georgia’s total reserves.
