Former Prime Minister Bidzina Ivanishvili stated that since the fall of  2014 the external factors had a negative impact on the GEL exchange rate.

"This is characteristic for the economy of other countries in the region. The strengthening of USD has affected exchange rate of all foreign currencies. Recent developments clearly show that we are dealing with the wrong expectations created in the country,  speculative transactions and United National Movement and it`s analysts are trying to create a mess. It was the competence of the National Bank to manage the situation properly and not lead to inadequate development.  We faced the opposite Giorgi Kadagidze- former President of National Bank appointed by UNM who led the country  to the currency crisis with his inaction."