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EXCHANGE RATE MONITORING

 The national currency exchange rate was stable last week. From 14 to November 20 the GEL exchange rate against EUR fell by 0.7% and one EUR rose to 2.2164 GEL from 2.2007 GEL.

The GEL exchange rate against USD slightly rose by 0.1% to 1.7652 point from 1.7675 point.

As to GBP, the GEL exchange rate against GBP rose by 0.4% to 2.7721 point from 2.7828 point.

An about 2% upturn was seen in relation to Russian Ruble. The value of 100 Rubles shrank to 3.7583 GEL from 3.8271 GEL.

The GEL exchange rate has shrunk by 1.7% YTD against USD, grown by 8% against EUR, increased by 3.2% against GBP and risen by 30% against Ruble.

As to the historical retrospective, that is the same period of the last 10 years, the GEL exchange rate against USD recorded the highest figure on November 20, 2007 with 1.6240 point. The weakest rate of 1.7950 was registered on November 20.2005.

The GEL exchange rate against EUR was strongest on November 2008 with 2.0823 point and the rate saw bottom of 2.5020 point in November 2009.

The GEL exchange rate against GBP was strongest on November 20, 2008 with 2.4709 point and the rate saw its bottom on November 20, 2007 with 3.3275 point.

The GEL exchange rate changes against various currencies YTD are as follows: