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Lari Drifts Lower

16.05.23 17:01

As a result of May 16 trading, the Georgian national currency Lari (GEL) depreciated against the US dollar (USD). The change in the exchange rate against the dollar was 2.43 tetri, following that, official value of the greenback became 2.5638 GEL.

According to the National Bank of Georgia (NBG), the national currency decreased 3.08 tetri against the euro (EUR), as a result of which the official value of one euro became 2.7925 GEL.

The 3.79-tetri drop is against the British pound sterling (GBP), the price of which has become 3.2135 GEL.

Georgian lari decreased 0.09 tetri against Turkish lira (TRY), exchange rate became 13.01 tetri.

The rates obtained as a result of today's trading will take effect from tomorrow, May 17.
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