The SEB's October sale of a record amount of US dollars was accompanied by a sharp reduction in foreign exchange reserves.

Civil Georgia 1 month ago 33
The SEB's October sale of a record amount of US dollars was accompanied by a sharp reduction in foreign exchange reserves.
According to the information of the National Bank of Georgia, in October 2024, it sold 627 million US dollars, which is a record figure. The four currency interventions carried out before the parliamentary elections resulted in a significant decrease in the country's foreign exchange reserves, which fell from 4.71 billion US dollars to 4.08 billion US dollars....
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