The National Bank of Georgia has sold 20 mln USD at the currency auction today.
Following the Bank, the average weighted rate equaled 3.0417.
It is the eighth currency intervention implemented by the National Bank of Georgia, as it has already sold 229 650 000 USD this year.
The National Bank of Georgia implemented the last intervention on June 17.
The interventions aim to stabilize the GEL exchange rate as a rule.
Following the new exchange rate set by the National Bank of Georgia, one USD costs 3.0567 GEL, while one EUR costs 3.4247 GEL today.
One USD cost 3.0482 GEL on Bloomberg at 16:50 today.
Bela GelashviliNews Author