28.Apr .2021 18:00

The lari strengthened against the dollar and the euro

The lari strengthened against the dollar and the euro
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As a result of April 28 trading, the GEL exchange rate against the US dollar strengthened; The change is 0.19 tetri, as a result of which the official value of the dollar became 3.4529 GEL.
 
According to the NBG, the national currency strengthened by 0.66 tetri against the euro, as a result of which the official value of one euro became 4.1666 GEL.

Today, the lari depreciated by 0.19 tetri against the Turkish lira, as a result of which its value became 0.4216 GEL. The price of the British pound sterling increased by 1.58 tetri and amounted to 4.7912 GEL.

The courses obtained as a result of today's trading will take effect from tomorrow, April 29.
 
During 2021, the NBG conducted a total of 7 currency auctions to reduce GEL exchange rate fluctuations and sold $ 242.9 million.
 
The NBG Vice President Papuna Lezhava made a statement about the GEL depreciation at the end of last week, saying that one of the leading factors in the current depreciation is lost revenue from tourism.
 
"The depreciation of the lari is mainly due to stunted tourism. Georgia lost up to 3 billion in revenue from this sector in 2020 alone," - noted Lezhava.