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Daily Archives: May 18, 2016

Georgia C.bank Says Bought $20 mln at Currency Auction on Tuesday

On May 17, the National Bank of Georgia (NBG) bought 20 million USD. The averaged weighed exchange rate made up $1/2.1872. The Georgian national currency has strengthened by 5.8% after the NBG, following a long break, started replenishing the foreign currency reserves. As part of the first intervention (17.03.16) the …

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