16.Jun .2021 18:00

GEL Strengthened Against USD and EUR

GEL Strengthened Against USD and EUR
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The lari strengthened as a result of the June 16 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 3.1657 GEL.
 
According to the NBG, the national currency strengthened by 1.36 tetri against the euro, as a result of which the official value of one euro became 3.8356 GEL.
 
The British pound sterling was reduced by 0.25 tetri and amounted to 4.4674 GEL.
 
The rates obtained as a result of today's trading will take effect from tomorrow, June 17.

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