26 October 2021,   17:01
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"I am sure everything will be fine” - David Matiikashvili on the devaluation of GEL

The intervention by the National Bank was fruitless. The national currency devalued again. Representatives of the parliamentary majority still view the events positively. The deputy chairman of the "Georgian Dream," David Matiikashvili, linked the decline of the Lari exchange rate to the on-going political processes. He is confident that the government"s sound economic policy and National Bank intervention will stabilize the GEL.
"On-going processes reflected GEL, but the National Bank of Georgia and the economic team are pursuing the appropriate policy. It is a matter of time, I am sure everything will be fine,” - David Matiikashvili said.
The intervention of the National Bank was fruitless. The national currency devalued again. The official value of the lari was 2.89 yesterday. For now, 1 dollar is 2.92 lari.

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