Tbilisi (GBC) - The Nation Bank of Georgia’s international foreign exchange reserves have started to increase, but have only just surpassed the October 2022 level.

After a $627 million decline in October, foreign exchange reserves increased by $400 million in November. The annual trend is still negative, but the ratio has improved. Last month it was - 20%Y.Y. As of 1.12.24, the annual decline is 19.5 percent.

The NBG announced the replenishment of reserves on November 25. Later, in parliament, Acting President Natia Turnava announced the November $124 million purchase, while presenting the main directions of monetary policy.

As of 01.01.2025, the country's reserve assets exceed $4.447 billion, including gold worth of up to $599 million (01.12.2024 - $608 million. 01.11. 2024 - $627.4 million).

 

Foreign Exchange Reserves

Foreign Exchange  Reserves

        Gold

12-2023

                      5 009 602,4

                      4 553 724,9

                                      -  

01-2024

                      4 853 202,4

                      4 386 587,7

                                      -  

02-2024

                      4 746 320,9

                      4 295 521,4

                                      -  

03-2024

                      4 776 893,9

                      3 994 734,3

                         332 152,5

04-2024

                      4 814 276,1

                      3 839 217,7

                         529 405,7

05-2024

                      4 599 953,5

                      3 601 234,4

                         538 871,7

06-2024

                      4 580 962,9

                      3 586 673,3

                         534 890,3

07-2024

                      4 671 493,0

                      3 646 413,9

                         556 782,5

08-2024

                      4 838 538,0

                      3 794 810,8

                         576 758,5

09-2024

                      4 712 421,4

                      3 635 299,7

                         603 515,7

10-2024

                      4 084 918,9

                      2 994 751,2

                         627 427,3

11-2024

                      4 123 893,7

                      3 059 540,6

                         608 357,7

12-2024

                      4 447 549,4

                      3 396 126,1

                         598 731,0