National currency continues to impair

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18 November 2024, 12:31

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We have ambitious and, at the same time, realistic and enforceable plans in all directions, we will work every day to implement these plans - Kobakhidze

00:02
The National Bank sets new exchange rate for GEL
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We are threatening Georgia with freezing their accession process simply because the majority in this parliament and the Commission don’t like the winners - MEP Danilo Della Valle
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00:45
The National Bank sets new exchange rate for GEL

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National currency continues to impair

06-09-2017 09:32

National currency continues to impair. According to the official rate, one dollar today is 2.49 GEL and euro is 2.97 GEL.

In the last ten days, the gel has been depreciated by almost 15 tetri against the dollar.

The government does not consider the current situation alarming.

Experts say that if the rate of impairment is maintained, the next stage will probably be the increase of prices.

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