“The central bank’s currency policy is designed for the
lar’s long-term stability that is very
important for the country to be attractive for investors. We carry out currency
interventions to the extent that they do not harm the long-term stability of
the national currency rate, ” President of the National Bank Koba Gvenetadze,
said when delivering his speech in parliament.
hit a five-year low
"Along with the growth of exports, tourism revenues and remittances from abroad, a decline in imports was observed that led to a drop in foreign trade," Koba Gvenetadze noted.