Devaluation of National currency continues. Gel depreciated by 5 tetri in the last four days. Today the National currency rate fell by 2 tetri.

The cost of one dollar is already 2,70 GEL. One euro is 3,0701 GEL.

Some experts are sure that the processes taking place around the TBC Bank will have a shocking effect on GEL and will result in even greater volatility in the economy.

According to analysts, the reason for impairment of GEL together with negative expectations is reduction of direct foreign investment.

Together with the depreciation of GEL , TBC Bank"s shares were reduced by 2 percent on the London Stock Exchange.

The opposition accuses the government for impairment of GEL. According to them, the position of the National Bank in the case of TBC Bank has a negative impact on the financial sector.