1 U.S. Dollar costs more then 2.5 GEL in Commercial Banks

Published in Economics
Wednesday, 16 September 2015 10:00

Lari continues devaluation. According to the official exchange rate set by Georgian National Bank, 1 US Dollar equals 2.4170 GEL. While in Commercial Banks the situation is worse, 1 USD costs 2.54 GEL. 

Georgian National currency devaluates against Euro too. According to the official exchange rate 1 EUR equals 2.7315 GEL, while previous exchange rate was 2.7185 GEL. What about exchange rate in the Commercial Banks, 1 EUR costs 2.875 GEL.

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