The National Bank of Georgia purchased $1.3 billion on the domestic market in January-July 2025 and forecasts record growth in foreign exchange reserves this year, the NBG press service reported.
According to the National Bank, in July, currency purchases reached a record $417 million for this year, after the acquisition of $266 million in June and $245.4 million in May.
As a result, reserves in July increased by $331 million and exceeded $5 billion.
In 2024, Georgia's international reserves declined due to currency interventions amid domestic political instability, after growing in 2023 to $5 billion. Reserves reached a historical high of $5.44 billion on July 31, 2023.