The National Bank of Georgia continues to increase its international foreign exchange reserves, which, according to forecasts by investment company Galt & Taggart, may exceed $7 billion by the end of 2026. Analysts note that the regulator is demonstrating a steady ability to replenish reserves even amid market fluctuations.
According to data for March 2026, the volume of reserves amounted to about $6.3 billion, increasing by 46.5% year-on-year. At the same time, compared with February, a 5.2% decline was recorded, which is partly related to a decrease in the value of monetary gold and the state's foreign exchange operations, including possible market interventions.
The growing role of gold in the reserve structure is also noted separately — its share reached 16.7%. Overall, the National Bank's strategy is aimed at diversifying assets and increasing the resilience of the country's financial system to external economic fluctuations.
