THE MAIN REASONS FOR THE DEPRECIATION OF GEL EXCHANGE RATEJournal: International Scientific Journal "Internauka" (Vol.1, No. 30)
Publication Date: 2017-06-15
Authors : Popkhadze Giorgi;
Page : 112-114
Keywords : Exchange rate; investment; import; export; transfer and the deposit;
Considering of the present economic and social situation in connection with the depreciation of GEL exchange rate was worked out suggestions and recommendations, which is important for the solution of the mentioned problems and to achieve to the real exchange rate. In the process of determination of GEL exchange rate particular attention is drawn the methods, which are directly related to the mentioned issues. Existing and potential problems must be identified timely, where the pre-diagnostic mechanism has a special meaning, which must be reinforced by experts proposals and statistical data. In terms of economic growth, which has nowadays, it is necessary to activate more to get a better currency in considering those proposals, which is presented in work. It will definitely positively effect on the result. A brief overview of the GEL exchange rate factors is presented in the work. Conclusion: Many factors among them internal and external effect on the strengthening of the GEL rate. Finally these factors lead us to the certain conclusion. More dollars come into the country than it goes through. In this respect, the paper presents suggestions and recommendations and also determines the exchange rate for the calculation of the conditional analysis of internal and external factors.
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