BAKU, Azerbaijan, November 8. Georgia’s
international reserves have reached a historic high, surpassing
$5.6 billion, the National Bank of Georgia (NBG) said, Trend reports.
According to the NBG’s data, reserves increased by $175.3
million in October alone. The bank highlighted that it has been
taking advantage of favorable market conditions, purchasing nearly
$1.6 billion in foreign currency since the beginning of 2025,
including significant operations in March, July, and August.
Gold accounts for a substantial portion of the reserves,
representing 16.4% or nearly $921 million. Rising global gold
prices have increased the value of these holdings by $420.6 million
since purchase, underlining the effectiveness of the bank’s
diversification strategy.
“International reserves are a key guarantee of the country’s
macroeconomic stability. The National Bank’s long-term policy has
always focused on accumulating reserves and managing reserve assets
effectively. The level achieved in October confirms this approach,”
the NBG stated.
