A dramatic depreciation in the value of Georgia’s national currency – the lari – has sparked concerns about the health of Georgia’s economy, with consumers facing the possibility of rising commodity ...
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TBILISI, May 16 (Reuters) - Georgia's central bank said on Thursday it had spent $60 million in reserves to support the lari after a surge in demand for foreign currency, its largest such intervention ...
The FINANCIAL — The Asian Development Bank (ADB) is investing 19.5 million Georgian lari in JSC Evex Hospitals’ local currency corporate bond issuance. The proceeds of the issuance, combined with the ...
© 2026 Forbes Media LLC. All rights reserved.
It is easy to understand what it means for an economy to be weak or strong. We know that a strong economy is characterized by low unemployment and high growth rates. Other desirable traits are, for ...
The precipitous fall in value of the Georgian lari vis-a-vis the U.S. dollar over the past week "does not give grounds for concern," and there "are no grounds for a devaluation," Georgian National ...
The spreading coronavirus crisis has sent Georgia’s currency into a tailspin, forcing people to tighten their purse strings across the already cash-strapped nation. The lari hit 3.46 to the U.S.
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