New 100 Lari banknotes to be issued in Georgia
100 Lari banknotes with a fundamentally new feature will go into circulation in Georgia soon. For the first time in history, they will not have the signature of the National Bank's president.
100 Lari banknotes with a fundamentally new feature will go into circulation in Georgia soon. For the first time in history, they will not have the signature of the National Bank's president.
The national currency of Georgia continued to depreciate despite the efforts of the National Bank of the Republic, which sold about $60 million at a foreign exchange auction today.
The national currency of Georgia has updated a five-year-old record against the dollar
Too much of household debt is denominated in dollars, despite efforts in recent years to reduce borrowers’ exposure to foreign currencies
The National Bank of Georgia has increased the refinancing rate by 0.5 percentage points to 9% today. The annual inflation in November reached 7%, which was mainly influenced by the depreciation of the Georgian lari, the bank …
Georgia's National Bank has increased the refinancing rate by one percentage point to 8.5% today at the meeting of the Monetary Policy Committee. In September 2019 the annual rate of inflation amounted to 6.4%, which is more …
New 10 lari banknotes were into circulation today across Georgia, the National Bank of Georgia reported. On the front of the new banknote there is a portrait of prominent Georgian writer and public figure, Akaki Tsereteli, with a …
The National Bank of Georgia has increased the refinancing rate by 0.5 percentage points to 7.5% - for the second time this September. The regulator explains that the reasons behind such decision are inflation expectations as a result …
President of the National Bank of Georgia Koba Gvenetadze commented on the alarming devaluation of the lari. According to him, the devaluation of the national currency is caused by external shocks and reduction of …
The cost of gasoline at petrol stations in Georgia has reached a historic high. According to the owners of petrol stations, the reason for the rise in prices is unknown to them, but the changes occurred within two days. “The price …
The National Bank of Georgia will release new 10 GEL bills starting October 1, President of the National Bank of Georgia Koba Gvenetadze said today at the presentation of the new banknotes. Bacha Malazonia is the …
Georgia's Prime Minister Mamuka Bakhtadze has responded to Georgia’s improved standing in the Fitch rating. According to him, the promotion in the international rating agency means that the Georgian …
The National Bank of Georgia (NBG) has purchased $15 million at foreign exchange auction to control the national currency’s changing value against the dollar. The weighted average exchange rate was 2.6497 GEL for every …
Starting from today, the amendments to the laws ‘On the National Bank of Georgia’ and ‘On Advertising’ have entered into force, according to which the entrepreneurs are obliged to indicate prices in the national currency - …
The Monetary Policy Committee of the Georgian National Bank raised its key refinancing rate to 6.75% from 6.5% following a pick-up in inflation and said it might raise borrowing costs again in the first half of 2017.
This year in Georgia ends with the win of Georgian Dream in the fight with United National Movement and the biggest devaluation of the national currency, so the country enters 2017 in the not so holiday mood, Georgian experts said in an interview …
After gradually depreciated all day long, the lari exchange rate has started gaining value in some exchange booths. 1 USD costs 2,51-2,53 Gel in most of them. Its selling price is 2.59-2.60 Gel. The lari rapidly …
Georgia's government and the National Bank are planning steps to ease the pressure on the lari currency, including taking some of the burden off individuals repaying dollar mortgages and banning online credit services. Georgian …
Premier Giorgi Kvirikashvili presented the new Cabinet
Georgia's Government said that it plans to take steps to stabilize the national currency. The Georgian Government in corporation with the National Bank of Georgia (NBG) and the International Monetary Fund (IMF) will …