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GEL Strengthened Against USD and EUR

6155e31f78c1f
BM.GE
30.09.21 17:00
502
The National Bank of Georgia held a foreign exchange auction today - they sold $ 60 million. As a result of the auction, the lari strengthened against the dollar and the euro.

The change in the exchange rate against the dollar was 0.18 tetri, as a result of which the official value of the dollar became 3.1189 GEL.
 
According to the NBG, the national currency strengthened by 3.52 tetri against the euro, as a result of which the official value of one euro became 3.6098 GEL.

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 1.