By the end of October 2026, Georgia's foreign exchange reserves reached a historic high of $8.25 billion. This is according to official statistics from the National Bank of Georgia (NBG).
On an annual basis, the volume of reserves rose by 47.2% (plus $2.64 billion compared to the same period last year), and in October alone it increased by $82.6 million.
A key factor behind the growth was the continuation of the gold purchasing strategy launched in 2024. In October, the regulator acquired another batch worth $400 million. Earlier, in June, $100 million was allocated for the same purpose. As a result, Georgia's gold reserves grew from 250,000 to 350,000 ounces (about 10.9 tons), and the total value of the regulator's gold portfolio reached $1.365 billion. Monetary gold now accounts for 16.6% of the country's total international reserves. The National Bank believes this will protect them from volatility in global financial markets.
In total, over the first nine months of 2026 (January–September), the regulator's net purchases of currency and assets amounted to $3.37 billion.
RELATED: Georgia plans to increase the share of the Chinese yuan in state reserves to 15%
As a result, the reserve adequacy indicator, calculated using IMF methodology, improved. It now stands at 130%, significantly exceeding the recommended threshold of 100%. In practice, this means Georgia has built an ideal "financial safety cushion," with somewhat more money than is required to fully protect the economy from any external crises, sharp exchange rate jumps, or defaults.
This website uses cookies so that we can provide you with the best service. Cookie information is stored in your browser and performs functions such as recognizing you when you return to our website and helping our team understand which sections of the website you find most interesting and useful.
Strictly necessary cookies must always be enabled so that we can save your cookie preference settings.