Georgia's int'l reserves rise 22% to $5.43 bln in 9M

TBILISI. Oct 7 (Interfax) - Georgia's international reserves grew 22% or $979 million in January-September 2025 to $5.43 billion from $4.45 billion, the National Bank of Georgia said.

The reserves as of September 30 were just short of the record $5.44 billion seen on July 31, 2023.

The reserves grew 15.8% in Q3 2025, including 4.3% growth in September. They had risen 8.8% in Q2 but fallen 3.1 in Q1 2025.

Foreign exchange assets amounted to $4.07 billion of the reserves as of September 30, up 19.9% since the beginning of the year. They grew 17.7% in Q3 and 10.5% in Q2 but fell 7.7% in Q1.

Monetary gold grew 46.6% in 9M to $877.8 million, including 16.4% in Q3, 5.5% in Q2 and 19.4% in Q1.

IMF Special Drawing Rights in reserves were equal to $477.6 million as of September 30, an increase of 5.2% since the beginning of the year.

The National Bank said in March that it had resumed purchasing currency on the domestic market after a period of more than half a year of net sales due to increased demand amid domestic political instability. Net purchases were $1.5 billion in March-August, with data for September yet to be published.

NBG Governor Natia Turnava said in August that FX purchases and reserves would break new records in 2025.

Georgia's international reserves fell 11.2% or by $562.1 million in 2024 to $5 billion after growing 4% in 2023.