03 October 2024,   17:22
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GEL 1.95 - new rate against USD

The Ministry of Finance does not take any responsibility for the National currency devaluation and recommends the media to ask the cause and the reason other agencies.

While the financial institutions are defining relations foreign exchange booths make announcement of daily rate fall of GEL against USD. GEL 1.95 to USD 1 is the lowest exchange rate in the last nine years period. The ruling party talks about competence of the National Bank. The opposition talks about the ineffective economic policy of the government. The highest exchange rate for USD 1 was GEL 2.15 ten years ago in 2004. 

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