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The National Bank of Georgia makes an intervention of 60 million dollars at the exchange auction

by mariam.mtivlishvili
May 16, 2024
in Business & Economy, Magazine
Reading Time: 1 min read
NBG: growth rate of consumer loans accelerate

On May 16, the National Bank of Georgia made an intervention of 60 million dollars at the foreign exchange auction.

The decision to provide liquidity to the market was made by the National Bank of Georgia in connection with the processes developed in the foreign exchange market in recent days, which were accompanied by one-time large transactions.

The National Bank of Georgia will continue to monitor the market and will use all available leverage to ensure the stability of the financial market.

Tags: foreign exchange auctioninterventionNBG
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