05.Jul .2021 18:00

GEL Strengthened Against USD

GEL Strengthened Against USD
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The lari strengthened as a result of the July 5 trade. The change in the exchange rate against the US dollar was 0.75 tetri, as a result of which the official value of the dollar became 3.1518 GEL.
According to the NBG, the national currency depreciated by 0.65 tetri against the euro, as a result of which the official value of one euro became 3.7440 GEL.

The lari depreciated by 0.04 tetri against the Turkish lira today, as a result of which its value became 0.3633 GEL. The price of the British pound sterling increased by 2.78 tetri and amounted to 4.3690 GEL.

The rates obtained as a result of today's trading will take effect from tomorrow, July 6.

During 2021, the NBG conducted a total of 7 currency auctions to reduce GEL exchange rate fluctuations and sold $ 242.9 million.