As reported, the US
presidential administration says that the constant strengthening of the dollar
against other currencies impedes production growth and stimulates imports and considers
its artificial devaluation.
A decision has not yet
been made, but if it is adopted, whether it will affect the national currency which suffers
to Chairman and CEO at Policy and
Management Consulting Group (PMCG) Aleksi Aleksishvili, if the US government decides to
devalue the dollar, it will not affect the lari either positively or negatively
due to Georgia’s small economy.
the financier, the reason for this is the small size of the Georgian economy.
has no direct trade relations with the United States but has a foreign trade turnover with the trading
partners of the United States. Speaking about the exchange rate, not the nominal but
the real exchange rate should be considered. The dollar devaluation is not expected to cause
any changes in the lari exchange rate , ”he says.
factors such as production, export, macroeconomic stability, etc. can boost the
of export markets should be our main goal. If the United States will lower the dollar in
relation to yuan we not bring any benefit to Georgia, ” Aleksi Aleksishvili