NBG sells USD 40 million at Stock Exchange auction
NBG sells USD 40 million at Stock Exchange auction

The National Bank of Georgia (NBG) sold USD 40 million at Stock Exchange auction today.

The average exchange rate was 3.0585. This is the 9th currency intervention on part of the NBG carried out this year.

The central bank sold a total of USD 269 650 000 from reserves in 2020.