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Economic Press Monitor: Macroeconomics & Budget
December 6, 2017


FORBES GEORGIA: “WHY LARI DEPRECIATED AGAIN?”

Expectations reinforce process of lari rate fluctuation and “depreciate or strengthen the rate more than it would occur only in case of economic factors’ change”, the magazine states. “When the population sees that lari exchange rate started depreciating even by 1-2 tetri, it recalls experience of last year and thinks that the same will repeat”, the article notes.

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