The GEL have devaluated. According to the official data, one dollar is 2 Lari and 87 Tetri. The exchange rate in commercial banks and booths is even higher. One Dollar in booths is 2.89 Lari.
At the Bank of Georgia the price of one dollar reaches to 2.92 Lari. TBC Bank sells USD 1 for 2.93 Lari.