If GEL Still Continues To Strengthen, I Would Incline To Interventions - Nadaraia
Otar Nadaraia, Chief Economist of TBC Bank, thinks that inflow of foreign currency into the country contributes to the strengthening of GEL against foreign currencies. Nadaraia told "Business Morning".
"On the one hand, we are all happy with the strengthening of GEL against USD, first and foremost in terms of inflation, because it is a very big problem. The question is how sustainable such a strengthening will be if it does not lead to a weakening of USD. This is not the year when we think USD will weaken, so if GEL continues to strengthen, I would be more inclined to the interventions than to the next strengthening of GEL," Nadaraia said.
Related news
See all the news
All
-
05.06.2022 | 15:43Financial Services in CAREC
-
15.05.2022 | 12:00
#TheCheckpoints: TIWB & Georgia - Interview with Rusudan Kemularia, Head of TIWB Secretariat
-
22.04.2022 | 19:20
Stoli® Group to Release Limited-Edition Bottle in Support of the Ukrainian People
-
19.04.2022 | 14:24
როგორ მოხვდა 17 წლის ანასტასია ლელაძე ჰარვარდში? - ანასტასია ლელაძე ქალების ნარატივში
-
18.04.2022 | 20:09
"Literally the whole village was waiting for the first harvest of strawberry" - Kvitsiani family from Svaneti
-
13.04.2022 | 19:44
Aliyev replaces long-serving central bank head with loyalist
-
04.04.2022 | 23:00
Putin imposes visa restrictions on citizens from 'unfriendly' countries
-
28.03.2022 | 00:05
BMG-ს მედია რუბრიკა: #პროფესიონალი - გიორგი მიქაია
-
21.03.2022 | 02:25
ყველაზე სანქცირებული რუსი ოლიგარქები
-
20.03.2022 | 18:02
Business Leaders Council by USAID and Georgian Business
-
15.03.2022 | 12:58
ვინ არის მსოფლიოში #1 სნაიპერი “Wali”?
-
11.03.2022 | 09:24
ბინების ქირის ფასი 50%-მდე გაიზარდა
-
28.02.2022 | 01:50
DriveWealth-G&T Cooperation
-
26.02.2022 | 21:53
OECD formally terminates the accession process of Russia
-
26.02.2022 | 21:30
"Today we are all Ukrainians"- Zurab Pololikashvili
-
18.02.2022 | 22:58
Tourism is the main bridge for building understanding - ZURAB POLOLIKASHVILI
-
14.02.2022 | 01:30
FAQ’s and Analysis on Lari & FDI - Interview with Fady Asly
-
28.01.2022 | 23:03
მინერალური და მტკნარი წყლის ფასები ქართულ ბაზარზე
-
09.01.2022 | 21:00
China continues to push competitors out of the global walnut market
-
06.01.2022 | 21:30
Moscow to Host First Meeting of Turkish & Armenian Special Envoys on Jan 14