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Economic Press Monitor: Economic & Politics
November 12, 2018


KVIRIS PALITRA: “WHO IS ENRICHED WITH LARI EXCHANGE RATE?”

During the last week, lari exchange rate made two sharp jumps – once from 2.72 GEL/USD to 2.76 GEL/USD and then from 2.75 GEL/USD to 2.71 GEL/USD, the newspaper says.

The Finance Minister Ivane Machavariani blamed the mentioned on agiotage, caused by “dirty campaign” of opposition, and declared that “the drop is not connected anyhow with steps of either the government or National Bank of Georgia (NBG) “.

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Exchange Rates (NBG)
  04/19/24 + / -
  USD   2.6711   0.0017
  EUR   2.8453   0.0079
  RUR   2.8623   0.0215
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