BAG: AT THE END OF MAY, GEORGIAN LARI DEPRECIATED AGAINST US DOLLAR
BUSINESS ASSOCIATION OF GEORGIA says that In the first quarter of 2018, GEL was strengthened against currencies of almost all major trading partner countries. Strengthening of exchange rate of GEL against the US Dollar, Euro, Ruble, Lira, Manat and Armenian Dram is worth of noting. In April, the trend slightly changed and GEL depreciated against Manat and Dram. Strengthening of GEL against Euro, Ruble and Lira is still maintained. Overall, at the end of April, the real exchange rate of GEL was strengthened by 5.5% after December 2017, noted BAG
