As of July 2026, Georgia’s gross international reserves increased by approximately 50% year-on-year, reaching an all-time high of USD 7.53 billion. On a month-on-month basis, international reserves grew by USD 404.6 million. Reserve adequacy metrics have also improved. According to current estimates, the International Monetary Fund's Assessing Reserve Adequacy (ARA) metric stands at 118.7%.

International reserves are a crucial guarantor of the country’s macroeconomic stability. Consequently, the long-term policy of the National Bank of Georgia (NBG) remains focused on reserve accumulation and the efficient management of reserve assets. The NBG replenishes foreign exchange reserves when FX market conditions and the macroeconomic environment allow. Throughout 2026, driven by favorable FX market conditions, the NBG has been actively accumulating reserves, with total net purchases during January-June amounting to USD 2,078.4 million. The net purchase statistics for July 2026 will be published on August 25.

Notably, in 2024, the NBG diversified its reserves by making its first-ever investments in gold, a strategic decision by the central bank. Since then, the price of gold assets has risen significantly, further boosting gross international reserves. In June 2026, the NBG purchased an additional USD 100 million worth of monetary gold for its gross international reserves. As a result, as of July 2026, the share of gold in total international reserves stands at 13.5 percent (USD 1,014.1 million).

The National Bank of Georgia will publish the updated data on gross international reserves on September 7, 2026.