The National Bank of Georgia (NBG) announced that it purchased $100 million in September, raising the country’s total international reserves to over $5.4 billion. Between January and September 2025, the NBG made net foreign currency purchases of $1.6 billion, mainly through the Bmatch trading platform.

According to the Bank, international reserves remain a key safeguard of macroeconomic stability, with purchases made “when market conditions allow.” Updated data on foreign exchange operations will be released on November 25, 2025.

The 2025 accumulation follows significant reserve depletion in 2024, when the NBG sold over $900 million to stabilise the lari during mass protests and the pre-election period. The largest one-month decline occurred in October 2024, when the Bank sold $591 million, causing reserves to drop by a record $630 million.