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NBG: 1 dollar costs 3.40 GEL, 1 euro costs 4.01 GEL

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BM.GE
05.11.20 17:30
789
As a result of November 5 trading, the Georgian national currency depreciated sharply against the US dollar. The exchange rate was 5.91 tetri, bringing the official value of one dollar to 3.40 lari.
 
The national currency had such a depreciated end against the dollar in late March.
 
Against the euro, the lari depreciated by 10 tetri, resulting in one euro costing 4.0137 lari.
 
In total, the official value of the dollar increased by 15.6 tetri during the last 4 working days.

On Monday, the NBG intervened with $ 60 million to mitigate exchange rate fluctuations.
 
In total, by 2020, the National Bank sold $ 710 million dollars through currency auctions.