The amount of Georgia’s forex reserves decreased to $5.005 billion.
According to the National Bank, the amount of foreign exchange reserves plunged by $130 million in May. As of June 1, the amount of foreign exchange reserves has increased by 29% annually.
The National Bank launched the Bmatch platform to replenishes reserves. In the first four months of 2023, the NBG bought $540 million, in March interventions hit a record and amounted to $220 million. In May, transactions decreased drastically.
