GEL has Strengthening Trend on the Foreign Exchange Market

GEL has strengthening trend from January 9. According to official exchange rate, GEL has devaluated against USD by 6 tetri through this period, from 2.7674 to 2.7084.

GEL has strengthened further from Tuesday morning on the foreign exchange market. Cost of 1 USD totals to 2.66-2.68 GEL in the foreign exchange booths.  According to the trade system of Bloomberg, USD has devaluated by 0.65% against GEL from morning. The offer has been at 2.6575 point by 10.25 p.m.