How government helps the National Bank?

How government helps the National Bank?

“The National Bank operates within its mandate and at this point maintains the gear on leverage over the currency. We see how effectively the Bank uses these leverages and will always use it when needed. We have to promote further business development and simplify the business environment in the country, the responsibility lies on our Ministry as well, which is supporting the strengthening of the GEL", said Natia Turnava, Minister of Economy and Sustainable Development of Georgia.

According to official data released by the National Bank of Georgia the price of $ 1 is 2.97 GEL.

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