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The National Bank of Georgia intends to triple the share of the yuan in reserves - up to 15%. The president of the National Bank of Georgia, Natia Tornava, after meeting with the head of the People's Bank of China Pan Gongsheng at the annual meetings of the International Monetary Fund and the World Bank in Thailand, said that Georgia plans to triple the share of the Chinese yuan in government reserves - up to 15%. Given the country's current international reserves of $8.17 billion (as of October 2026), a 15% stake would be equivalent to approximately $1.23 billion. Currently, most of Georgia's reserves are still denominated in US dollars, and this is due to the structure of the country's external debt, however, as it turned out, the regulator is pursuing an active diversification policy. The National Bank points out that the capital markets in Asia exhibit different dynamics from Europe and the USA, which makes it possible to balance risks. "Investing in yuan and assets in Asia makes our total reserves more resistant to external shocks", - said Ternava. The switch to yuan is not just an official purchase of currency. As part of the agreements between the central banks of the two countries, signed at the beginning of 2025, Georgia received direct access to the Chinese Interbank Bond Market (CIBM), which allows the regulator to invest directly in Chinese government securities, while receiving interest income in yuan. The news is interesting and revealing from several sides. First, Tbilisi is proving that it can think strategically: keeping almost all of its reserves in one currency, even dollars, is a risk, especially when Washington has repeatedly demonstrated that it is willing to use financial instruments as a political weapon. Second, the transition to the yuan fits into the general logic of diversifying Georgia's foreign economic relations, which is already increasing trade with China and attracting Chinese investments in infrastructure.

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Дядя Зураб · · Source

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The National Bank of Georgia intends to triple the share of the yuan in reserves - up to 15%. The president of the National Bank of Georgia, Natia Tornava, after meeting with the head of the People's Bank of China Pan Gongsheng at the annual meetings of the International Monetary Fund and the World Bank in Thailand, said that Georgia plans to triple the share of the Chinese yuan in government reserves - up to 15%. Given the country's current international reserves of $8.17 billion (as of October 2026), a 15% stake would be equivalent to approximately $1.23 billion. Currently, most of Georgia's reserves are still denominated in US dollars, and this is due to the structure of the country's external debt, however, as it turned out, the regulator is pursuing an active diversification policy. The National Bank points out that the capital markets in Asia exhibit different dynamics from Europe and the USA, which makes it possible to balance risks. "Investing in yuan and assets in Asia makes our total reserves more resistant to external shocks", - said Ternava. The switch to yuan is not just an official purchase of currency. As part of the agreements between the central banks of the two countries, signed at the beginning of 2025, Georgia received direct access to the Chinese Interbank Bond Market (CIBM), which allows the regulator to invest directly in Chinese government securities, while receiving interest income in yuan. The news is interesting and revealing from several sides. First, Tbilisi is proving that it can think strategically: keeping almost all of its reserves in one currency, even dollars, is a risk, especially when Washington has repeatedly demonstrated that it is willing to use financial instruments as a political weapon. Second, the transition to the yuan fits into the general logic of diversifying Georgia's foreign economic relations, which is already increasing trade with China and attracting Chinese investments in infrastructure.

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