06.Jul .2022 17:30

Lari's rally ends after a good run

Lari's rally ends after a good run
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As a result of July 6 trading, the Georgian national currency Lari (GEL) edged lower against the US dollar (USD), ending a week of growth against a basket of major currencies. The change in the exchange rate against the dollar was 3.28 tetri, as a result of which the official value of the dollar became 2.9038 GEL.

According to the National Bank of Georgia (NBG), the national currency drop by 0.51 tetri against the euro (EUR), as a result of which the official value of one euro became 2.9625 GEL.

The 0.70-tetri depreciation is against the British pound sterling (GBP), the price of which has become 3.4634 GEL.

Exchange rate appreciated 0.08 tetri against Turkish lira (TRY), as a result the price for 1 lira became 16.83 tetri.

The rates obtained as a result of today's trading will take effect from tomorrow, July 7.