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Economic Press Monitor: Macroeconomics & Budget
September 1, 2016


BANKEBI DA FINANSEBI: “STABILITY OF LARI RATE IS POSITIVELY REFLECTED ON ECONOMY”

Paata Bairakhtari, analyst at Young Financiers and Businessmen Association, points that “national currency has strengthened for the last month by more than 3% and cost of one dollar is 2.28 lari now”.

One of key factors that facilitated lari stabilization is money remittances from abroad, at that tourism sector played important role in terms of foreign currency influx also, Bairakhtari indicates.

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Exchange Rates (NBG)
  03/27/24 + / -
  USD   2.7084   0.0029
  EUR   2.9337   0.0037
  RUR   2.9233   0.0038
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