National Bank Says It Purchased $632 Million in Foreign Currency in May – Civil Georgia

The National Bank of Georgia (NBG) said it made a “record” net purchase of USD 632.9 million through the Bmatch trading platform in May, bringing the country’s international reserves to over USD 7 billion. According to the central bank, total net foreign exchange purchases in January-May 2026 amounted to USD 1.46 billion.

The latest intervention follows net purchases of USD 86.6 million in January, USD 429.3 million in February, and USD 333.3 million in April, as well as net sales of USD 16.2 million in March. The purchase is part of the central bank’s broader 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.”

The central bank is expected to publish updated reserve data on July 27, 2026.

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