New record of GEL - National currency devalued by 6 tetri

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01 October 2024, 13:27

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New record of GEL - National currency devalued by 6 tetri

01-12-2016 21:06

Georgian National currency continues to devaluate. A new record was reached today.

Price of the US dollar changed a few times at commercial banks today. At 9 o’clock in the morning the price of one USD was 2.58, at 12:00 it was 2.66 GEL for one USD, at 15:00 One USD became 2.77 GEL.
Around this time, the price of one Euro reached 2.90 GEL.
National Bank"s announcement, the official rate is still markedly, nearly 6 white inflation reached 2.58.
Remains unknown if the government has a plan to stabilize GEL in a short time.