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Economic Press Monitor

November 11 - 17, 2018

Previous Issues:  Days: < 20 27 03 10 17

 

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economic & politics

    BANKEBI DA FINANSEBI: “WHAT CONNECTS DAVID KEZERASHVILI WITH “GEORGIAN DREAM””

    November 12, 2018 - Giorgi Vashadze, head of campaign staff of opposition union Strength is in Unity, declared that ruling Georgian Dream “appropriated very well” David Kezerashvili (defense minister during period of ruling of National Movement), who is current partner of Otar Partskhaladze (former chief prosecutor, appointed after Georgian Dream had come to power).

    However, expert Gia Khukhashvili supposes that Vashadze said this “figuratively”.


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

    November 12, 2018 - 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) “.


finances & banking

    BANKEBI DA FINANSEBI: “ROLE OF THE STATE BONDS IN EFFICIENCY OF MONEY-AND-CREDIT, INTEREST AND CURRENCY POLICY”

    November 12, 2018 - In Georgia, market of the state bonds obviously “limps”, because there is practically no secondary trade system, based on the exchange principles, author of the article, capital market expert Vakhtang Khomizurashvili declares.

    He estimates that in case of intensive operation of the secondary market, 80% of banks would apply to sale of state bonds for ensuring level of liquidity and meeting demand for lari.


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Exchange Rates (NBG)
  11/09/18 + / -
  USD   2.7146   0.0359
  EUR   3.0800   0.0605
  RUR   4.0430   0.1003
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