Bloomberg - GEL depreciates
Bloomberg - GEL depreciates

According to the data of Bloomberg, the Georgian national currency Lari depreciates on the background of devaluation of Turkish Lira and Russian Ruble.

Based on the web-page of TBC Bank, 1 USD can be bought at 2.58 GEL, while at Bank of Georgia – at 2.57 GEL.

The official exchange rate set by National Bank of Georgia (NBG) has also been changed. The exchange rate on August 1 was 1USD =2.4484 GEL, while on August 9 – 1USD =2.4687 GEL.

Fluctuation of the Georgian national currency is influenced by devaluation of Turkish Lira and Russian Ruble, Bloomberg says.

 

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