Economic Press Monitor: Macroeconomics & Budget
October 16, 2018
FORBES GEORGIA: “AUTUMN EXAM OF LARI”
In August, lari depreciated during a week from 2.45 GEL/USD to 2.63 GEL/USD, which reason was named devaluation of Turkish lira and conversations about development of economic crisis in Turkey (key trade partner of Georgia), the magazine reminds. However, the stir, caused by devaluation of Turkish lira, has calmed down, and lira has strengthened in September by 7%, while lari exchange rate has stopped near 2.6 GEL/USD, the article specifies and adds: it seems that there was something else occurred.
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2.6711 |
0.0017 |
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2.8453 |
0.0079 |
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2.8623 |
0.0215 |
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