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Gold exchange reserves of Georgian National Bank jumps

11 October 2013 09:17 (UTC+04:00)
Gold exchange reserves  of Georgian National Bank jumps

The foreign exchange reserves of the National Bank of Georgia amounted to $3.074 billion as of September 30, 2013.

According to preliminary statistics, the total foreign exchange reserves of the bank are $2.853 billion, including those placed in securities - $1,834 billion, in accounts of foreign banks and the International Monetary Fund (IMF) - 1.019 billion.

The amount of funds placed in the Special Drawing Rights (SDR), is $221.4 million, while the bank's reserve position in the IMF is $15,300.

Gold exchange reserves of the National Bank of Georgia have increased by $201.5 million since early 2013.

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