Georgia's foreign exchange reserves reached a historical maximum The National Bank of Georgia published updated statistics on the country's official international reserves, according to which during the last month the total reserves increased by 82.6 million dollars and reached 8.24 billion dollars. Year-over-year growth was $2.64 billion, or 47 percent. As is clear from NBG's statistics, last month the National Bank purchased another batch of monetary gold, as a result of which the volume of gold reserves reached 1.36 billion dollars. Thus, the volume of monetary gold increased from 250,000 to 350,000 ounces, i.e. to 10.9 tons. The value of the gold purchased last month was 400 million dollars. According to the regulator, along with the growth of the gold portfolio, Georgia's total international reserves also reached a historic maximum. The reserve adequacy indicator has also improved: the ARA indicator, determined according to the methodology of the International Monetary Fund, is 130 percent, exceeding the indicative threshold of 100 percent established by the IMF. The long-term policy of the National Bank provides for the accumulation of reserves, efficient management and dispersion of reserve assets, and in January-September 2026 the regulator's net purchases amounted to $3,370.7 million. It is clear that Georgia is not only increasing its reserves, but is doing so wisely, diversifying its investment portfolio through the purchase of monetary gold. An adequacy ratio of 130 percent against the International Monetary Fund's 100 percent threshold means the country has a serious buffer that can withstand external shocks—be it fluctuations in currency markets or geopolitical turmoil. Precisely such reserves provide real stability for Larry and the economy, and one can only welcome the path of the National Bank to further strengthen this cushion.