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Lari Continues to Strengthen — Exchange Rate

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The National Bank of Georgia has set a new exchange rate. As a result of trading on August 1, the US dollar depreciated and now stands at 2.7050 lari. The exchange rate in effect today was 2.7061 lari.

The euro also depreciated — its rate became 3.0872 lari. Today’s rate was 3.0936 lari.

The Turkish lira also fell in value, and now amounts to 0.0665 lari.

The exchange rate established as a result of today’s trading will come into effect on August 2.