In May 2026, the National Bank of Georgia conducted large-scale operations in the foreign exchange market, during which the net volume of foreign currency purchases reached $632.9 million. This became the highest monthly indicator for the current year.
According to the regulator, interventions were carried out through the BMatch platform as part of the policy to strengthen international reserves and maintain macroeconomic stability. The country's total reserves exceeded $7 billion by the end of May.
Since the beginning of the year, the National Bank has continued to actively replenish foreign exchange reserves. In January–May 2026, the total net purchase volume amounted to $1,465.8 million. However, the dynamics of operations were uneven: the most significant intervention volumes were recorded in February and May.
Broken down by month, in January the regulator bought $86.6 million in foreign currency, in February — $429.3 million, in March a net sale of $16.2 million was recorded, in April — a purchase of $333.3 million, and in May — a record $632.9 million.
The National Bank notes that activity in the foreign exchange market directly depends on market conditions: under favorable conditions, the regulator increases reserves, considering them a key instrument of the country's financial stability.
