03.Dec .2020 19:00

As a Result of the $ 20-Million Intervention, the Lari Strengthened by 0.7 Tetri Against the Dollar

As a Result of the $ 20-Million Intervention, the Lari Strengthened by 0.7 Tetri Against the Dollar
Back

Today, the National Bank of Georgia carried out another foreign exchange intervention and raised $ 25 million for sale, of which $ 19.8 million was sold on the market. As a result, the value of one dollar in the foreign exchange market decreased by 0.7 tetri and the new official value of one dollar became 3.3119 GEL.
 
Against the euro, the lari depreciated by 1.11 tetri, resulting in a new official value of one euro to become 4.0107 GEL.
 
The national currency also strengthened against the British pound sterling. The exchange rate change amounted to 1.15 tetri, resulting in a new value of one pound at 4.4426 GEL.