Natia Turnava on exchange rate: This is a short-term fluctuation that will be stabilized

Natia Turnava on exchange rate: This is a short-term fluctuation that will be stabilized

I would say that this is a short-term fluctuation that will be stabilized, - Natia Turnava, Minister of Economy and Sustainable Development, said when commenting on the Lari exchange rate.

According to Turnava, fundamental macroeconomic factors have not been altered, so the fluctuation is short-term.

"We are closely watching the macroeconomic parameters and there is not ground to believe that we are dealing with devaluation. The economy is growing, we had a very high growth rate - 6% - in March, exports are also rising and accordingly, we have short-term fluctuations that will be stabilized by itself," the Economy Minister said.