March 7, 2017 / 8:45 AM / 5 months ago

Georgian forex reserves down to $2.781 bln as of March 1 m/m - c.bank

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TBILISI, March 7 (Reuters) - Georgia's total foreign exchange reserves declined to $2.781 billion as of March 1 from $2.797 billion a month earlier, but up from $2.426 billion a year ago, the central bank said on Tuesday.

The central bank has sold $280 million on the foreign exchange market to support the lari currency and bought $278.35 million last year. (Reporting by Margarita Antidze; editing by Vladimir Soldatkin)

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