Georgia’s Parliament has approved a resolution outlining the country’s main monetary and foreign exchange policy directions for 2027–2029. The document was adopted with 76 votes in favour, following a presentation by National Bank of Georgia (NBG) President Natia Turnava at a plenary session.
Turnava said the NBG’s net foreign currency purchases amounted to $2.4 billion in 2025 and reached $3.37 billion in the first nine months of 2026. As a result, Georgia’s international reserves hit a record $8.25 billion in October 2026. The International Monetary Fund’s Assessing Reserve Adequacy (ARA) metric stood at 130% during the same period.
According to Turnava, international reserves are an important safeguard for macroeconomic stability and the country’s resilience to external shocks. She said the NBG would continue its policy of replenishing reserves and managing them efficiently. The currency composition of reserve assets has also been diversified, with British pounds added and holdings of Chinese yuan and euros increased.
Turnava said increasing the share of monetary gold and other currencies was intended to diversify reserves, protect them against global inflationary risks and preserve their purchasing power. She added that the NBG’s monetary and foreign exchange policy was designed to ensure price stability over the medium term, strengthen the economy’s resilience to potential shocks and support stable, long-term economic growth.
