TBILISI, November 24 – Georgia’s National Bank expects inflation to settle back toward its long-term target next year after a temporary jump driven mostly by food prices, the bank’s president Natia Turnava told lawmakers on Monday. Turnava delivered the bank’s latest projections to Parliament’s Finance and Budget Committee during the presentation of its 2026–2028 monetary … Read more
TBILISI, August 26 – Georgia’s foreign currency reserves have surpassed USD 5 billion for the first time, according to the National Bank of Georgia (NBG). Since January, the NBG has added about USD 1.3 billion to reserves through market interventions. July alone brought a net purchase of USD 416.9 million, the strongest monthly figure so … Read more
TBILISI, DFWatch – The number of remittances from Russia to Georgia in August decreased by 45.5 percent compared to last year and amounted to $60 million, although this country is still the leader and accounts for about a fifth of the total volume, according to the release published by the National Bank of Georgia on Friday. … Read more