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NBG makes record net foreign exchange purchases of USD 632.9m in May

დოლარი

In line with conditions on the foreign exchange market in 2026, the National Bank of Georgia (NBG) continues to replenish its international reserves. In May 2026, the NBG’s net purchases amounted to USD 632.9 million, bringing the country’s total international reserves to over USD 7 billion.

International foreign exchange reserves are a vital guarantor of the country’s macroeconomic stability. Consequently, the NBG remains consistently focused on accumulating reserves, a commitment backed by the bank’s stated policy. Whenever market conditions allow, the central bank acts to bolster the country’s international reserves.

Specifically, through interventions executed on the Bmatch platform in May, the NBG boosted its foreign exchange reserves by USD 632.9 million. This brings the total net purchases for the January–May 2026 period to USD 1,465.8 million.

“According to the National Bank of Georgia, the central bank’s foreign exchange interventions in 2026 are broken down as follows:

  • January: Net purchase of $86.6 million via Bmatch;
  • February: Net purchase of $429.3 million via Bmatch;
  • March: Net sale of $16.2 million via Bmatch;
  • April: Net purchase of $333.3 million via Bmatch;
  • May: Net purchase of $632.9 million via Bmatch.

The National Bank of Georgia will publish its next updated data on foreign exchange market operations on July 27, 2026,” the NBG statement reads.

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