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Economic Press Monitor: Macroeconomics & Budget
November 25, 2014


REZONANSI: “LARI RATE ON THE BRINK OF PANIC!”

During a week, national currency has devaluated against the US dollar by 3.2% and exchange rate exceeded 1.82 GEL/USD, says the newspaper.

The newspaper recalls devaluation in the end of 2013 and notes that National Bank of Georgia (NBG) then stopped the process at the mark of 1.79 GEL/USD.

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Exchange Rates (NBG)
  04/24/24 + / -
  USD   2.6910   0.0108
  EUR   2.8756   0.0201
  RUR   2.9082   0.0412
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