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Georgian national currency depreciates against USD

Georgian national currency depreciates against USD
Georgian national currency depreciates against USD

Per the exchange rate determined by the National Bank of Georgia, the buying rate of USD 1 today is GEL 3,2537. USD 1 has so far equaled to GEL 3.2295. Accordingly, the GEL has depreciated against the USD by 0.0242 points.

EUR 1 now amounts to GEL 3.8267, while on Monday, EUR 1 could be bought for GEL 3.8050. Accordingly, the GEL has depreciated against EUR by 0.0217 points.

The 22 Sept exchange rate will come into effect on 23 Sept.

The National Bank of Georgia determines the official exchange rate of the national currency at 17:00 after trading with currencies in an international trading system Bloomberg

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