28.Jul .2021 18:00

GEL Has Depreciated Against USD and EUR

GEL Has Depreciated Against USD and EUR
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The national currency depreciated as a result of July 28 trading. The change in the exchange rate against the US dollar was 1.6 tetri, as a result of which the official value of the dollar became 3.1052 GEL.
 
According to the NBG, the national currency depreciated by 2.54 tetri against the euro, as a result of which the official value of one euro became 3.6663 GEL. The cost of the British pound sterling increased by 5.03 tetri and amounted to 4.3091 GEL.
 
The rates obtained as a result of today's trading will take effect from tomorrow, July 29.
 
During 2021, the NBG conducted a total of 7 currency auctions to reduce the volatility of the GEL exchange rate and sold $ 242.9 million.