13.Mar .2020 18:38

Vano Machavariani - the fluctuation is natural, neither lari nor our country is an exception

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In the medium term, we expect the rate to stabilize, - the Minister of Finance of Georgia, Ivane Machavariani said.

According to Machavariani, at this stage we have uncertainty regarding the currency exchange rate caused by the pandemic and the events taking place.

“The fluctuation is natural, neither lari nor is our country is an exception. In the medium term, we expect stabilization, and with the same prospect if intervention is needed, we will discuss this with the National Bank, though this is not a step, that should be taken today and tomorrow, ”Machavariani said.