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The NBG sold 40 mln USD

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BM.GE
21.05.20 18:05
548
On May 21, 2020, the National Bank of Georgia sold USD 40 000 000 during its Foreign Exchange Auction.

The average weighted bid rate was 3.1915.

This is the fifth foreign exchange intervention by the National Bank of Georgia. The NBG has already sold 160 million USD to stop devaluation of national currency.