One USD price was 2,7950 by 13:50 on the Bloomberg trade platform.
The initial exchange rate for the trade was 2,7910 GEL.
Following the GEL exchange rate, set by the National Bank of Georgia, 1 USD equals 2.7928 GEL, while 1 EUR costs 3.083 GEL.
To note, Georgian commercial banks and large micro-financing organizations engage in trade on Bloomberg.
As a result of the trade, the National Bank of Georgia establishes the official exchange rate at 17:00 in general.
Bela Gelashvili
News Author