NBG
Posted:
1 month ago
Georgia’s Central Bank Boosts FX Reserves by $266.4 Million in April
The National Bank of Georgia (NBG) continued its strategy of strengthening the country's international foreign exchange reserves, adding $266.4 million through market interventions in April. As a result, total reserves stood at $4.52 billion by the end of the month.
The foreign exchange purchases were conducted via the Bmatch platform, reflecting the NBG’s ongoing commitment to reinforcing macroeconomic stability.
According to the Bank, international reserves serve as a vital buffer for the country’s financial system. In line with its long-standing policy, the NBG intervenes when market conditions are favorable to accumulate reserves.
The NBG’s FX operations for 2025 to date are as follows:
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January–February: No net purchases
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March: $101.7 million in net purchases
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April: $266.4 million in net purchases
The central bank will release its next update on foreign exchange market operations on June 25, 2025.