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Georgia forex reserves up to $2.457 bln as of April 1 - c.bank
TBILISI, April 7 (Reuters) - Georgia's foreign exchange reserves rose to $2.457 billion as of April 1 from $2.426 billion a month earlier, the central bank said on Thursday.
The central bank sold $60 million on the foreign exchange market in January to support the ailing lari currency and had no interventions in February. It bought $15 million at two currency auctions in March amid a strengthening of the lari.
Reserves were down to $2.521 billion at the end of 2015 from $2.699 billion at the beginning of last year mainly due to forex market interventions.
(Reporting by Margarita Antidze; Editing by Alexander Winning)
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