Date: 4 weeks ago   Category: Financial

Georgian lari exchange rate fell to a historic low


According to National Bank of Georgia, the national currency never before fell to such low mark. The national bank of Georgia on Tuesday, June 25, established an official exchange rate of the Georgian national currency which made 2.82 lari for $1. It is a minimum for all history of existence of the Georgian money. Information on an exchange rate is published on the regulator website. The lari fluctuated around 2.68-2.70 for $1 for a long time. A few days ago it began to depreciate and by Tuesday reached point 2.82. Dollar exchange rate in relation to lari in commercial banks and currency exchanges reaches 2.86. According to National Bank of Georgia, the national currency never before fell to such low mark. What became the reason of sharp devaluation of lari, it is unknown. Official comments of the power were not done yet. Let's remind, on the night of June 21 in the center of Tbilisi protest actions which were provoked by a visit to the country of delegation of the Russian deputies began. At dispersal of a meeting at the building of parliament 240 people suffered. News from the Correspondent.net in Telegram. Subscribe for our https://t.me/korrespondentnet channel

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