National Bank Says It Purchased $429 Million in Foreign Currency in February

2026-03-25 - 14:32

The National Bank of Georgia (NBG) said it purchased USD 429.3 million on the Bmatch trading platform in February, bringing the country’s international reserves to USD 6.65 billion. The February figure follows net purchases of USD 86.6 million in January and reflects the NBG’s policy of building up foreign exchange reserves over the past year. The NBG reiterated that “international foreign exchange reserves are an important guarantee of a country’s macroeconomic stability” and that it increases reserves “when market conditions allow.” Updated data are expected to be released on April 27. Also Read: 25/03/2026 – NBG Keeps Key Refinancing Rate Unchanged at 8% 08/01/2026 – NBG: International Reserves Reach ‘Historic High’ of More Than $6 Billion 08/11/2024 – Foreign Exchange Reserves Fall Sharply as NBG Sells Record Amount of Dollars in October