Trading has started at $ 1 / GEL 3.1875 this
morning, by 3pm one dollar stood at GEL 3.1975 (GEL 3.1600 as of September 16).
The National Bank of Georgia
sets the official exchange rate of the national currency at 5 pm.
To stop fluctuations in the lari’s exchange rate the National Bank of
Georgia held another auction on 16 September and sold $ 40 000 000 at the foreign exchange auction. The average
weighted bid rate was 3.1546.
The lari’s rate at commercial banks is relatively
different. At TBC Bank one US dollar can be bought for GEL 3.2370 and sold
for GEL 3.1470. At Bank of Georgia one US dollar is sold for
GEL 3.1600 and bought for GEL 3.2400.