22 August 2019,   05:43
more
GEL continues to depreciate - the National Bank of Georgia says inflation is close to the target index


National Currency Continues to Impair -GEL has reached its record low rate.

The president of the National Bank refrains from assessing the reasons and names short-term fluctuations as the reason. According to Gvenetadze"s statement, central banks do not make explanations.

Speaking about the current situation, the National Bank President focuses on the inflation rate and says that it is within the frameworks of the norm.

" Courier" interviewed Koba Gvenetadze yesterday, and today the national currency is further diminished. Cost of one US dollars in commercial banks is 2.80 GEL.

MORE HEADLINES