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Lari Posts Further Gain vs Greenback

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BMG Staff
11.08.22 17:30
550
As a result of August 11 trading, the Georgian national currency Lari (GEL) appreciated against the US dollar (USD). The change in the exchange rate against the dollar was 0.70 tetri, as a result of which the official value of the dollar became 2.7016 GEL.

According to the National Bank of Georgia (NBG), the national currency depreciated 1.88 tetri against the euro (EUR), as a result of which the official value of one euro became 2.7916 GEL.

The 2.08-tetri depreciation is against the British pound sterling (GBP), the price of which has become 3.2960 GEL.

Georgia's national currency increased by 0.04 tetri vs Turkish lira (TRY) and rate became 15.04 tetri.

The rates obtained as a result of today's trading will take effect from tomorrow, August 12.

Yesterday, NBG purchased US$ 40 million on auction. It was the third puchase during the first ten days of August, totaling US$ 70 million.