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Galt & Taggart Forecast: the Exchange Rate of the GEL Against the USD and the EUR in 2024

by mariam.mtivlishvili
December 26, 2023
in Business & Economy, Magazine
Reading Time: 1 min read
Galt & Taggart Forecast: the Exchange Rate of the GEL Against the USD and the EUR in 2024

In 2024, there is potential for a strengthening of the Georgian currency. A large amount of substantial financial inflow is expected from outside the country, which gives rise to expectations that the GEL will remain stable in 2024, with an exchange rate of 2.7 against USD and 3.0 against the EUR. Galt & Taggart also predict a 2% strengthening of the currency.

By Mariam Mtivlishvili

Tags: GEL
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