Currency reserves made up 2.856 billion USD as of August 1 (-0.04% month on month; +16.7% year on year).
In June and May reserve assets increased, while in April the indicator declined (-$4.5 million month on month), after sovereign Eurobonds were covered by coupons.
Currency reserves in May-June increased thanks to spring interventions by the NBG.
After a long break, the National Bank resumed supplying GEL mass to the market in March. In July and August the NBG has not held auction.
Assets include foreign currency reserves – 2.655.6 billion USD and special depository receipts (SDR) 200.8 million USD.