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Economy and business
Lari Strengthens – Currency Exchange Rate

The National Bank of Georgia has set a new exchange rate. As a result of trading on May 7, the U.S. dollar depreciated and now stands at 2.7467 lari. The rate that was in effect today was 2.7473 lari.
The euro also depreciated, with the new rate set at 3.1219 lari. The current rate for today was 3.1105 lari.
The Turkish lira remained unchanged at 0.0711 lari.
The exchange rates established following today’s trading will come into effect on May 8.