For your information, in November 2024, the
Posted: Sat Jan 04, 2025 4:42 am
"However, on the other hand, as I have already mentioned, we are observing the type of interventions that were aimed at supporting the exchange rate, which, in turn, does not fully correspond to the classification that the International Monetary Fund offers to define a floating exchange rate regime. At this stage, I will only say that in a broad sense, a freely floating exchange rate is still maintained in Georgia," he noted.
He also spoke about the National Bank of Georgia's reserve policy and noted that if the pressure on the lari increases, he does not rule out the NBG selling reserves. "As for the reserve policy itself, the National ireland fax data Bank sold a significant amount in October, but it also purchased a certain amount in November. As far as we know, the National Bank plans to continue its policy of accumulating reserves, but we cannot rule out the possibility of selling reserves if the pressure on the lari increases," said Arvind Ramakrishnan.
volume of Georgia's official international reserves increased by $39 million to $4,123,893,700 . Despite the increase in reserves in a month, Georgia's international reserves decreased by $999 million compared to the same period last year. September Fitch Ratings Reserves Floating exchange rate Similar news Fitch We expect inflation to remain within the NBG's target range in 2024-2025 - Fitch Ratings 18:25 - 13.
He also spoke about the National Bank of Georgia's reserve policy and noted that if the pressure on the lari increases, he does not rule out the NBG selling reserves. "As for the reserve policy itself, the National ireland fax data Bank sold a significant amount in October, but it also purchased a certain amount in November. As far as we know, the National Bank plans to continue its policy of accumulating reserves, but we cannot rule out the possibility of selling reserves if the pressure on the lari increases," said Arvind Ramakrishnan.
volume of Georgia's official international reserves increased by $39 million to $4,123,893,700 . Despite the increase in reserves in a month, Georgia's international reserves decreased by $999 million compared to the same period last year. September Fitch Ratings Reserves Floating exchange rate Similar news Fitch We expect inflation to remain within the NBG's target range in 2024-2025 - Fitch Ratings 18:25 - 13.