Lari exchange rate reached an alarming level

Published in Economics
Thursday, 21 January 2016 17:55

The economic situation in Georgia is too difficult. According to Zurab Melikishvili, the exchange rate of lari has reached an alarming level.
The National Movement speaks about the government"s inaction and call on the goverment to take active steps to save the national currency.
As Melikishvili noted,  In the last 13 months, 407 million dollars were spent from the reserve fund so that the National Bank has no possibility to buy back even one dollar.

 

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