Banking

GEL Returned to your Strengthening Trend

GEL Returned to your Strengthening Trend June 20, 2018Leave a comment
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GEL has returned to your strengthening trend following your resume of currency exchange trade.

GEL started devaluation unexpectedly on March 2 and value of a USD spent my youth to two.54 GEL, although strengthening trend has been fixed through day.

To note, trade stated at $1/2.4925 point with the Bloomberg on March 6. However, the rate increased as much as 2.5050, nonetheless the exchange rate strengthened by 2.48% at 10:50 pm. Now, the interest rate is $1/2.4453.

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