National Bank of Georgia sells $40 mln at foreign exchange auction

  • This was the second intervention this year while the first one was made on January 6. Photo: Nino Alavidze/Agenda.ge.

Agenda.ge, 27 Jan 2021 - 18:30, Tbilisi,Georgia

The National Bank of Georgia (NBG) sold $40 million at foreign exchange auction today.

The average weighted bid rate was 3.2964.

This was the second intervention this year while the first one was made on January 6. 

So far the NBG has sold $80 million in total at foreign exchange auction.

As of today, 1 USD costs 3.2969 GEL, while 1 EUR costs 3.9982 GEL.

The National Bank of Georgia has carried out 26 interventions in 2020 and sold over $873 million at foreign exchange auction.

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