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USDGEL

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    2.6842$
  • Previous Close
    2.6842$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

The financial product symbol USDGEL.FOREX does not refer to a defined, standardized financial product. Instead, it appears to be a custom symbol used by a specific forex trading platform or data provider to represent the exchange rate between the US dollar (USD) and the Georgian Lari (GEL) in the forex (foreign exchange) market. The ".FOREX" suffix simply denotes that this symbol is specifically used within the forex market. Therefore, the exact details and trading conditions would be defined by the specific platform or data provider using this symbol.
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Factors

Economic Growth: Strong US growth strengthens USD, while Georgian growth boosts GEL.

Interest Rates: Higher US rates attract capital, appreciating USD; Georgian rates impact GEL similarly.

Inflation: US inflation weakens USD; Georgian inflation weakens GEL.

Geopolitical Risk: Increased risk in Georgia weakens GEL; global risk affects USD's safe-haven status.

Trade Balance: US trade surplus strengthens USD; Georgia's impacts GEL.

Remittances: GEL benefits from strong Georgian remittances.

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