08-09-2017 14:09
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The national currency of Georgia, the Lari, has dropped sharply. The country's government calls for no panic, calling the devaluation of the Lari a temporary phenomenon.Larry had slowly begun to fall in August, but in September, the fall accelerated. On Wednesday, the opposite happened: 1 Euro in some exchange offices was sold at 3 Lari.
The National Bank of Georgia has admitted that from August 22, the Lari was devaluated by 4.2%. The official representative of the bank explained that during the whole summer the participants of the currency market had been buying dollars and euros at a relatively low rate and now the opposite process was taking place.
A number of experts explain the devaluation of the Lari by force majeure, the fires in Georgia are raging, and the fight against them requires unplanned expenses .
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