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Results Of The Currency Auction for NBG

Results Of The Currency Auction for NBG

On May 10, 2016, the National Bank of Georgia purchased 20 000 000 USD on its Foreign Exchange Auction. The weighted average exchange rate was 2.2132.

It should be noted that National Bank of Georgia had purchased such big amount of foreign currency (USD) 2 times in last week. Totally the amount made up 40 000 000.

In addition, since April NBG carried out such action already for the 5 times that it bought USD on its Foreign Exchange Auction.

Only in April NBG bought foreign currency (USD) 3 times – On April 14, 20 and 21 with the amount of 10 000 000, 10 000 000 and 20 000 000 USD respectively.