Management Trends In Georgian Economics

Authors

  • Mikheil Chikviladze

Abstract

Georgian national currency exchange rate revaluates against dollar from the beginning of March of the current year, GEL is quickly getting stronger. It is well-known that during the last year and a half GEL exchange rate was 2.49 GEL, that significantly reduced economic growth. The National Bank actively involved in processes, it purchases USD at the foreign exchange market and tries GEL not to become stronger quickly. The currency rate is still raising. Georgian national bank bought 196 million at foreign exchange auctions during the last two months.

Author Biography

Mikheil Chikviladze

Associated professor Of the faculty of Economics and Business

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Published

2016-06-30

How to Cite

Chikviladze, M. (2016). Management Trends In Georgian Economics. Business and Legislation, 9(3), 49. Retrieved from https://ojs.b-k.ge/index.php/bk/article/view/92