Usd to rub predictions: Georgian Lari (GEL) predictions and analysis for 2020

Lari has been acting rather sickly over the recent years. According to the Georgian financial website Kapitali.ge the depreciation of the country’s main currency is now among the major problems Georgia is facing right now. Some of the main impacts of Lari inflation are increased import values, heavier credit pressure on the population, as well as the country, etc. And even though some economics experts would suggest that the Lari inflation is actually beneficial to the amount of money received from exports, tourism, and foreign remittances, for a country like Georgia, which is heavily depended on imports, increased prices hit the population the most.

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