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Finance Ministry Made No Influence on GEL Exchange Rate Changes

Finance Ministry Made No Influence on GEL Exchange Rate Changes

 Georgian Finance Minister Nodar Khaduri has commented on strengthened GEL exchange rate and explained the tendency by changed situation on the regional level.

The Finance Ministry has not made influence on either upturn or devaluation of the GEL exchange rate.

“External factors have changed and regional economies, including oil exporter countries are demonstrating recovery signs.  This signifies foreign currency inflows will increase in Georgia and the GEL exchange rate will strengthen.

I would like to stress that the Finance ministry has not made influence on either upturn or deprecation of the GEL exchange rate”, Nodar Khaduri said.