One dollar traded at 3.1975 via Bloomberg trading platform

One dollar traded at 3.1975 via Bloomberg trading platform

access_time2020-09-17 15:05:56


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.

 


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