07.Jun .2021 21:00

GEL Has Depreciated Against the USD and EUR

GEL Has Depreciated Against the USD and EUR
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The lari depreciated as a result of the June 7 trade. The change in the exchange rate against the US dollar was 7.78 tetri, as a result of which the official value of the dollar became 3.1569 GEL.
 
According to the NBG, the national currency depreciated by 10.96 tetri against the euro, as a result of which the official value of one euro became 3.8372 GEL.
 
Today, the lari depreciated by 1.19 tetri against the Turkish lira, as a result of which its value became 0.3662 GEL. The cost of the British pound sterling increased by 11.65 tetri and amounted to 4.4642 GEL.

The courses obtained as a result of today's trading will take effect from tomorrow, June 8.
 
During 2021, the NBG conducted a total of 7 currency auctions to reduce GEL exchange rate fluctuations and sold $ 242.9 million.