Main Directions of Monetary and Exchange Rate Policies of Georgia for the year 2000 II

Topics:
Financial Regulations
Tags:
Currency & Foreign Exchange,
Exchange Rate,
Finance,
Free Trade,
Georgia,
National Bank Of Georgia,
Y2K
Source:
National Bank Of Georgia

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Overview: The Main Directions of Monetary and Exchange Rate Policies of Georgia for the year 2000 shall rest on the following official parameters: GDP growth of 4 %, and an annual inflation rate of 8 %. Floating exchange rate regime shall be maintained in 2000. The exchange rate of the national currency shall be determined according to demand and supply of foreign currency at domestic foreign exchange market. It also explains about key points of quantitative parameters of growth of net claims on the government, net domestic and net foreign assets, and reserve money.

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Format: HTML | Date: Mar 2000 | Pages: 1

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