NBG, gov't work hard to avoid sharp GEL fluctuations
NBG, gov't work hard to avoid sharp GEL fluctuations
16:44, 26.04.2021

Georgian National Bank (NBG) is working to avoid sharp GEL fluctuations in coordination with the Georgian Government, Finance Minister Lasha Khutsishvili said on Monday.

The exchange rate of Georgian Lari (GEL) is crucial for the population and the business. The GEL exchange rate has stabilized recently, Minister noted.

“Regional developments and pandemic will affect the GEL exchange rate. NBG spares no effort to stabilize prices and keep the targeted inflation rate. The vaccination rate should accelerate. On top of that, the tourism should restore as soon as possible,” Khutsishvili said



By - Marika Kartozia

Economics
GEL fluctuation
Georgian National Bank
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