GEL has returned to the strengthening trend after the resume of foreign exchange trade.
GEL started devaluation unexpectedly on March 2 and cost of 1 USD grew up to 2.54 GEL, despite the fact that strengthening trend had been fixed through day.
To note, trade stated at $1/2.4925 point at the Bloomberg on March 6. However, the rate increased up to 2.5050, but the exchange rate strengthened by 2.48% at 10:50 pm. Now, the rate is $1/2.4453.