The National Bank of Georgia will hold foreign exchange auction due to sharp devaluation of the national currency. According to the latest news, the NBG plans to sell 20 million USD.
Current auction results are still unknown; the volume of selling sum is unclear as well. The National Bank will release relevant news until 17:00 p.m.
To remind, GEL has significantly devaluated in the Bloomberg's trading system, 1 USD exchange rate has exceeded 2.9890 GEL for a short time.
