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Economic Press Monitor: Energy, Oil & Gas
July 11, 2019


REZONANSI: “IF THE RATE DOES NOT STRENGTHEN TO 2.75, COMMUNAL TARIFFS WILL GROW”

Communal tariffs, acting currently in Georgia, were established, when the exchange rate was 2.5 GEL/USD, while current rate makes up 2.8-2.85 GEL/USD, the newspaper says.

Nika Shengelia, analyst at Finex-1970 company, states that in several days, next wave of price growth is expected in the country.

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Exchange Rates (NBG)
  07/19/19 + / -
  USD   2.8845   0.0131
  EUR   3.2410   0.0219
  RUR   4.5787   0.0179
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