National Bank of Georgia Purchases $429 Million in Foreign Currency

National Bank Says It Purchased $429 Million in Foreign Currency in February

The National Bank of Georgia (NBG) said it purchased USD 429.3 million on the Bmatch trading platform in February, bringing the country’s international reserves to USD 6.65 billion. The February figure follows net purchases of USD 86.6 million in January and reflects the NBG’s policy of building up foreign exchange reserves over the past year. …

By Civil.ge