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Lari starts gaining value
Publish Time 2016-12-22 20:05:00
After a daily devaluation , Georgian National currency Lari starts gaining value. The National Bank of Georgia (NBG) has set a new exchange rate. 1 USD costs 2. 77 GEL.
Now, the main question is whether or not the strengthening trend will continue. Moreover, the National Bank and part of the economists believe that sharp depreciation is linked to wrong expectations.
This version is also backed by a well-known Russian investment company, which publishes an article about Georgia’s exchange market.
One part of specialists call on the National Bank to apply strict measures.
USD Official Rate agains GEL for September 22 - 2.4808
According to the National Bank of Geor
USD Official Rate agains GEL for September 19 - 2.4727
According to the National Bank of Georgia, the exchange rate for US against Lari will be
EUR Official Rate against GEL for September 16 - 2.9467
According to the National Bank of Georgia, the exchange rate for Euro against Lari will be 2.
USD Official Rate for September 14 - 2.4587 GEL
USD Official Rate for September 12 - 2.4589 GEL
According to National Ban
USD Official Rate for September 8 - 2.4630 GEL
According to National Bank of Georgia, USD Official Rate for September 8 will be 2.4630 GEL.
Culture Minister comments about reduction of salaries in theatres
Mikheil Giorgadze, Minister of Culture and Monuments Protection commented about reduction of salaries to the staff working in state and reg
State Program of Larization completed
The State Program of transformation of credits issued in foreign currency into Lari, so-called Larization process has been completed. About