The National Bank of Georgia reported that Georgia’s gross international reserves increased by USD 531.2 million from the previous month to USD 7.0 billion in May 2026. The reserve level stood at 114.8% of the International Monetary Fund’s Assessing Reserve Adequacy metric, above the 100% benchmark. The increase reflects continued reserve accumulation in favorable foreign exchange market conditions and gains on the central bank’s gold holdings. Net foreign exchange purchases totaled USD 833.0 million over January to April 2026. The bank also noted that the value of its monetary gold has risen by USD 543.2 million since purchase, following a 2024 reserve diversification move into gold, leaving gold at 14.9% of total international reserves, or USD 1,043.2 million. May 2026 net purchase statistics will be published on 25 June, and updated gross international reserve data will follow on 7 July 2026.
National Bank of Georgia2026-06-05
National Bank of Georgia reports gross international reserves rose to USD 7.0 billion in May with IMF adequacy coverage at 114.8%
The National Bank of Georgia reported that gross international reserves rose by USD 531.2 million in May 2026 to USD 7.0 billion, reaching 114.8% of the International Monetary Fund’s Assessing Reserve Adequacy metric. The increase reflects continued foreign exchange reserve accumulation and valuation gains on monetary gold, which now accounts for 14.9% of total reserves (USD 1,043.2 million) following a 2024 diversification move.