NBG international reserves reach record high

Business Materials 9 March 2011 11:31 (UTC +04:00)

Georgia, Tbilisi, March 9 / Trend, N. Kirtskhalia /

The Georgian National Bank's (NBG) international reserves amounted to $2.519 billion as of February. This is $106.1 million more than on Jan. 31, 2010, the NBG told Trend.

Since early 2011, the bank's international reserves have increased by $255.5 million to reach a record high.

Its international reserves, converted into foreign currency, amount to $2.292 billion, with $1.184 billion placed in securities and foreign banks and $1.107 billion placed with the IMF.