FY20 Results and Strategy Overview
0
500
Jan-05
Jul-05
Jan-06
1,000
90-Inf
1,500
Jan-07
Jul-07
Jan-08
80-In
Georgia Capital PLC | Source: NBG.
Jan-09
2,000
60-In
Jan-10
2,500
Jul-10
Jan-11
Jul-11
Jan-12
3,000
EXCHANGE RATE PERFORMANCE
OFFICIAL RESERVE ASSETS REACHED HISTORIC HIGH
OF US$ 4.1 BILLION BY THE END OF JANUARY 2021
Net Foreign Assets, US$ mln
4,000
Official Reserve Assets, US$ mln
3,500
Official reserve assets increased by 11.5% y-o-y to US$ 3.9b
in Dec-20 and by 17.8% y-o-y to US$ 4.1b in Jan-21
Jul-12
Jan-13
Jul-13
Jan-14
Jul-14
Jan-15
Jul-15
Jan-16
Jul-16
Jan-17
Jul-17
Jan-18
Jul-18
Jan-19
Jul-19
Jan-20
Jul-20
Jan-21
4,000
130
3,500
125
3,000
120
2,500
115
110
2,000
105
1,500
100
1,000
95
500
90
85
0
Jan-03
M
Jun-03
Nov-03
Apr-04
Sep-04
Feb-05
Jul-05
Dec-05
May-06
Oct-06
Mar-07
Aug-07
Jan-08
Jun-08
Nov-08
Apr-09
Sep-09
Feb-10
Jul-10
Dec-10
May-11
Oct-11
Mar-12
Aug-12
GEORGIA
CAPITAL
THE REAL EFFECTIVE EXCHANGE RATE HAS DEVIATED FROM
THE LONG-TERM TREND FOR ALREADY TWO YEARS
REER (Jan 2003=100)
Linear (REER (Jan 2003 = 100))
Jan-13
Jun-13
Nov-13
Apr-14
Sep-14
Feb-15
Jul-15
Dec-15
May-16
Oct-16
Mar-17
Aug-17
Jan-18
Jun-18
Nov-18
Apr-19
Sep-19
Feb-20
Jul-20
Dec-20
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