The National Bank of Georgia (NBG) has announced that it continues to replenish international reserves in line with current conditions in the foreign exchange market.
In December, the NBG increased foreign exchange reserves by USD 29 million through interventions on the Bmatch platform. By the end of the month, the country’s international reserves stood at USD 4.45 billion.
“International foreign exchange reserves are a key guarantor of the country’s macroeconomic stability. Accordingly, the NBG remains focused on replenishing reserves whenever market conditions permit, as reflected in the bank’s stated policy,” the NBG statement reads.
The National Bank of Georgia will release updated data on foreign exchange market operations on February 25, 2025.
