Mamuka Bakhtadze: National Bank has all tools to keep healthy parameters of GEL

14:14, 04.08.2019

Our forecasts and analyses of financial institutions, that we are dealing with excessive depreciation of GEL have been unfortunately confirmed. The analyses evidenced that GEL was excessively depreciated and economy of the country was undergoing a healthy process, – Georgian Prime Minister Mamuka Bakhtadze told reporters in Beshumi in response to a question asked about the GEL exchange rate.

According to the Head of Government of Georgia, the national currency has been trending towards appreciation during the last two days and the National Bank has all the tools to keep its healthy parameters.

“The national currency has been trending towards appreciation during the last two days and I think this trend will continue. The National Bank has all the tools to keep healthy parameters of GEL”, – Mamuka Bakhtadze said.

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Mamuka Bakhtadze