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Foreign exchange reserves georgia

Foreign Exchange Reserves of Georgia Totals to 2.5 billion

Georgia owns Foreign exchange reserves of 2.5 billion USD by January 1, 2016.

The growth amounts to 1,6% in December. While decline of 6,6% has been fixed year-over-year.

NBG made intervention of $20 million in December, while brought $20-20 million in November and October. However, $26 960 000 were sold in September for the first time after April (28/04 – $40 million). To note, $40 million in March (19/03), $120 million – in February (11/02, 19/02, 24/02).

Spent reserve volume has exceeded $287 million in order to support GEL in 2014. Reserve assets include foreign exchange reserves ($2,3 billion) and Special Drawing Rights (SDR).

Georgia’s reserve position totals to $13 900 in IMF (01.11.14 – $14 500).