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Georgian Foreign Reserves Are on the Maximum of 3.5-year

Georgian Foreign Reserves Are on the Maximum of 3.5-year

The volume of Georgian foreign assets is increased up to 2.956 billion USD, it is the highest rate after November, 2013.

Reserve assets increased by 13 million USD through 1 month, while the increase is 10 million y-o-y.

Major shares of reserves – 2.753 billion USD account for foreign exchange reserves. However, 203.18 million is SDR. Reserve position is 13 900 at the IMF.

It should be noted, that the NBG has implemented 4 interventions in June and purchased 70 million USD. Totally, 89.7 million USD is acquired.