21.May .2020 18:22

GEL Strengthens by 0.92 tetri against USD, while devaluated by 0.3 tetri against EUR

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Today, National Bank of Georgia has made the largest foreign exchange intervention in the resent period and sold 40 million USD on the market. As a result, GEL strengthened by 0.92 tetri against USD and the official exchange rate of 1 USD amounts to 3.1920 lari.

However, national currency has devaluated against EUR. The change of the rate has made up 0.3 tetri and thus, cost of 1 EUR is 3.5058 GEL.

GEL has strengthened by 1.54 tetri against GBP and now, cost of 1 GBP amounts to 3.9057 GEL.