18.Jun .2021 18:00

GEL Has Depreciated Against USD and EUR

GEL Has Depreciated Against USD and EUR
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The lari depreciated as a result of the June 18 trade. The change in the exchange rate against the US dollar was 0.94 tetri, as a result of which the official value of the dollar became 3.1681 GEL.
 
According to the NBG, the national currency depreciated by 0.68 tetri against the euro, as a result of which the official value of one euro became 3.7754 GEL.
 
Today, the lari strengthened by 0.05 tetri against the Turkish lira, as a result of which its value became 0.3648 GEL. The price of the British pound sterling increased by 0.14 tetri and amounted to 4.4059 GEL.
 
The rates obtained as a result of today's trading will take effect from tomorrow, June 19.
 
During 2021, the NBG conducted a total of 7 currency auctions to reduce the GEL exchange rate volatility and sold $ 242.9 million.