Georgia’s Foreign Reserves Rise to $4.5 Billion in April, Boosted by Gold Prices

Georgia’s international currency reserves rose by $208 million in April 2025, reaching a total of $4.5 billion, according to preliminary data from the National Bank of Georgia (NBG).

Foreign currency reserves are considered a key buffer for macroeconomic stability, and the NBG has maintained a long-term policy of reserve accumulation and asset diversification. Favorable market conditions have enabled the central bank to continue building reserves. In March alone, the NBG made net foreign exchange purchases of $101.7 million via the Bmatch platform. April’s full data will be published on May 27.

A significant portion of the reserve growth is attributed to the rising value of gold. As of April, gold accounts for 16.8% of total reserves, equivalent to $757.7 million. The appreciation in gold prices added $42.9 million to the reserves compared to the previous month, reinforcing the NBG’s diversification strategy.

The central bank is scheduled to release its next update on official reserve data on June 9, 2025.