In the Bloomberg system, the Lari has already reached the new Anti-Record.
The rate is falling rapidly on international trade exchanges, which will probably affect Georgia at the end of the day.
According to Archil Mestvirishvili, the National Bank is monitoring the process and, when deemed necessary, will begin tightening monetary policy along with currency intervention.
"Today"s Economic Growth Indicator is released for June, which is a pretty high figure, embargo on tourists from Russia has raised negative expectations as well as lowered tourism revenues than planned, which in turn impacted the foreign exchange market. However, in our estimation, the nominal exchange rate we are observing at the moment. If the trend continues, we will use both foreign exchange interventions and tightening monetary policy as needed,” - Mestvirishvili said.