02.03.2015 - 21:40 [ Agenda.ge ]

Georgian Gov‘t tries to stabilise Lari through the effort of IMF

The Georgian Government has approached the International Monetary Fund (IMF) for additional financial aid in a bid to stabilise the country’s falling currency „as soon as possible”.

The Lari, the national currency, began falling in value in November 2014 when one USD was 1.75 Lari. Today, the current rate saw one USD valued at 2.0839 Lari, according to the National Bank of Georgia.