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GEL Has Depreciated Against USD and EUR

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BM.GE
24.05.21 17:00
609
The lari depreciated as a result of the May 24 trade. The change in the exchange rate against the US dollar was 0.70 tetri, as a result of which the official value of the dollar became 3.3126 GEL.

According to the NBG, the national currency depreciated by 0.59 tetri against the euro, as a result of which the official value of one euro became 4.0473 GEL.

Today, the lari strengthened by 0.03 tetri against the Turkish lira, as a result of which its value became 0.3947 GEL. The cost of the British pound sterling was reduced by 1.99 tetri and amounted to 4.6820 GEL.

The courses obtained as a result of today's trading will take effect from tomorrow, May 25.

During 2021, the NBG conducted a total of 7 currency auctions to reduce GEL exchange rate fluctuations and sold $ 242.9 million.a