Georgian National Bank’s international reserves reduce in January

Business Materials 10 February 2009 18:39 (UTC +04:00)

Georgia, Tbilisi, Feb. 10/ trend Capital N. Kirtzkhalia/

The Georgian National Bank's international reserves reduced in January due to intervention on the currency market.

The National Bank sold $170 million due to the great demand for the dollar among commercial banks. Currency reserves totaled $1.35 billion in January compared to $1.48 billion in December.

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