Georgian central bank sells $8.30 million at foreign exchange auction

The National Bank of Georgia offered $20 million at the foreign exchange auction on Wednesday of which $8.30 million was sold, the bank announced today.

The average weighted bid rate was 2.7961.

As of today, $1 costs ₾2.8019, while €1 costs ₾2.8378.

Last year the NBG sold $332.9 million through nine foreign exchange auctions.