National Bank to sell USD 40 million at foreign exchange auction tomorrow
National Bank to sell USD 40 million at foreign exchange auction tomorrow

The National Bank of Georgia (NBG) will sell USD 40 million at a foreign exchange auction tomorrow, September 23.

This will be the 14th monetary intervention of NBG this year. The NBG sold UD 40 million on September 16, too. The exchange rate was 3.1546 GEL.

In total, NBG sold USD 409 650 000 in 2020 from foreign exchange reserves.