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Economy and business
Lari Strengthens — Exchange Rates
The National Bank of Georgia has set new exchange rates. Following trading on October 19, the US dollar depreciated to 2.5979 GEL. The rate in effect today was 2.5982 GEL.
The euro also depreciated, with its exchange rate falling to 2.9128 GEL. The rate in effect today was 2.9274 GEL.
The Turkish lira also depreciated, with its value standing at 0.0524 GEL.
The exchange rates established following today's trading will take effect on October 20.