The National Bank of Georgia held a foreign exchange auction today - they sold $ 60 million.
"The National Bank of Georgia sold USD 60,000,000 at the Foreign Exchange Auction held on September 30, 2021. The weighted average exchange rate was 3.1186," the NBG said in a statement.
This was the ninth foreign exchange intervention of the National Bank in 2021, the last auction was held by the NBG on August 3, during which it sold $ 30 million. In total, by 2021, the National Bank had sold $ 332.9 million in interventions.