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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 …
The lari exchange rate will stabilize in the near future and in the medium term the Georgian national currency will continue strengthening its position, the Georgian Finance Minister Nodar Khaduri said. "There was …
Modernised 100 GEL (Georgian Lari) banknotes will come into circulation around the countryfrom November 1, the National Bank of Georgia said. Extra high-tech security features were added to the new banknotes, making them better …
In the near future, strengthening of the lari is expected in Georgia. Georgian Finance Minister Nodar Khaduri stated that in the short term, he expects stabilization of exchange rate of the lari, and then strengthening of the …
Renewed banknotes worth 20, 50 and 100 GEL will appear in Georgia today. The old banknotes will also continue to be used, the Georgian National Bank said. This is the first significant change in the design of banknotes for …
Employees of the Investigation Service of the Ministry of Finance of Georgia have detained three previously-convicted citizens on suspicion of counterfeiting. "At this stage of the investigation instances of 222 counterfeit …
At the end of today's trading, the national currency of Georgia had fallen to its historical minimum. Its official exchange rate for the weekend was set at the level of 2.47 laris per dollar. This record low was set …
The Georgian lari has continued its fall against the dollar by to 0.0096 laris. Today, on January 15, 2016 the National Bank set the country's exchange rate of the Georgian national currency against the dollar in the amount of …
Today the National Bank of Georgia held the first currency auction in 2016, at which it sold 20 million dollars. The average exchange rate of the lari against the US dollar at today's currency auction amounted to 2.4148 GEL/1 …
The National Bank of Georgia raised its key refinancing rate by 50 basis points to 7% today. The monetary policy decision is based on the macroeconomic forecast, according to which the National Bank of Georgia continues monetary policy …
Georgia may refuse lari, although it is perceived not only as payment instrument and financial and economic phenomenon, but also a symbol of a hard-won statehood
The head of the Central Bank of Georgia, Giorgi Kadagidze, today explained that the rejection of spending the national reserves was due to confidence that the Georgian lari would strengthen in the very near future. …
The Georgian authorities and the National Bank of the country are ready to implement the actions required to stabilize the lari in the case of its decline, but further devaluation of the national currency is not waiting for the regulator, the …
The Prime Minister of Georgia, Irakli Garibashvili, has spoken about the completion of the depreciation of the lari and its transition to stabilization. "The lari exchange rate has reached its peak, at this stage we ...
There are no macroeconomic reasons for a devaluation of the lari for the moment, and a fiscal policy of the authorities has played not the last role in this. This statement was made by the head of the Ministry of Finance of Georgia, Nodar …
