Home
Category
TV Live Menu
Loading data...

GEL Has Depreciated Against USD and EUR

615b17adafdc6
BM.GE
04.10.21 19:00
470
As a result of October 4 trading, the Georgian national currency depreciated. The change in the exchange rate against the dollar was 0.66 tetri, as a result of which the official value of the dollar became 3.1411 GEL.
 
According to the NBG, the national currency depreciated by 1.77 tetri against the euro, as a result of which the official value of one euro became 3.6487 GEL. 2.84-tetri depreciation against the British pound sterling, which cost 4.2669 GEL.
 
The National Bank of Georgia held a foreign exchange auction on September 30 and sold $ 60 million.
 
As a result of the auction, the lari strengthened against the dollar and the euro yesterday, but since then the lari has depreciated daily.
 
This was the ninth foreign exchange intervention of the National Bank in 2021, the last auction was held by the NBG on August 3, during which it sold $ 30 million. In total, by 2021, the National Bank had sold $ 332.9 million in interventions.

The rates obtained as a result of today's trading will take effect from tomorrow, October 2.