Georgian Lari should be priority for us-Nodar Khaduri

Published in Economics
Thursday, 21 July 2016 15:24

I absolutely agree with the President of the National Bank Georgian GEL should be priority for the currency for US- the Minister of Finance Nodar Khaduri said after commenting of the statement of the National Bank of Georgia, Koba Gventadze.
According to Gvenetadze, residents have to get used to live without the US dollar and the national currency should be a priority for Georgians. The main challenge is to restore confidence of Georgian Gel. 

Georgian Lari Drops in Value again

Published in Economics
Monday, 21 December 2015 17:46

Georgian Lari dropped in value against US Dollar. According to the new exchange rate set by National Bank of Georgia, National Currency devaluated by 0.0005 GEL. 1 US Dollar equals 2.3983 GEL.

Georgian National Currency devaluated against Euro too. According to the new exchange rate, 1 EUR equals 2.6055 GEL, while previous rate was 2.5944 GEL. Lari has devaluated by 0.0111 against Euro.

Georgian Payment's Bulletin of The Balance

Published in Economics
Monday, 21 December 2015 17:18
The National Bank of Georgia publishes Bulletin of the Balance of Payment of Georgia 2014.

Balance of Payment is a macroeconomic-statistical report, which reflect a record of all transactions made between one particular country and all other countries during a specified period of time. Classification and compilation of information is in accordance with international standards, Based on International Monetary Fund's Balance of Payments Manual.

From 2007, based on the agreement between the Government of Georgia and the National Bank of Georgia, the National Bank is fully responsible for drawing up the Balance of Payment. Balance of Payment of Georgia, international investment position and the external debt are worked out on a quarterly and annual bases and NBG publishes them every year.

Exchange of 1 USD Equals 2.3978 GEL

Published in Economics
Monday, 21 December 2015 11:34

According to the new official exchange rate set by National Bank of Georgia, 1 US Dollar equals 2.3978 GEL. While previous exchange rate was 2.3977. Georgian Lari has dropped in Value by  0.0001 GEL. 

Georgian National Currency gains value against Euro. 1 EUR costs 2.5944 GEL. Official exchange rate of Lari has gained value by 0.0073 GEL against Euro.

Georgian Lari recovers by 0.0020 GEL

Published in Economics
Tuesday, 15 December 2015 13:02

Georgian National Currency gained value by 0.0020 GEL against US Dollar. According to new exchange rate set by National Bank of Georgia 1 USD equals 2.4010 GEL, while the previous exchange rate was 1 US D=2.4030 GEL.

Georgian Lari recovered towards Euro too. According to new exchange rate, 1 EUR costs 2.6315 GEL, while previous exchange rate was 2.6346. Georgian national currency gained value against Euro by 0.0031 GEL.

Lari Continues to Depreciate against Euro

Published in Economics
Wednesday, 09 December 2015 11:01

Lari continues to depreciate against Euro. Georgian National Bank set the new exchange rate yesterday, according which 1 EUR costs 2.5868 GEL officially. Georgian Lari has dropped in value against Euro by 0.0088 GEL.

Georgian National Currency slightly gained value against US Dollar. According to the official exchange rate 1 US D costs 2.3846 GEL today, which means that Lari has gained value against US Dollar by 0.0013 GEL.

 

1 US Dollar equals 2.3846 GEL

Published in Economics
Tuesday, 08 December 2015 18:41

Georgian National Currency has gained value against US D. According to new exchange rate of National Bank of Georgia, 1 US Dollar will cost 2.3846 GEL, while previous exchange rate was 2.3859. Lari has gained value by 0.0013.

Georgian Lari has dropped in against Euro. According to the new exchange rate 1 EUR equals 2.5868 GEL, while previous exchange rate was 2.5780. Lari decreased in value against Euro by 0.0021.

National Bank of Georgia publishes "Monthly Review" of the October

Published in Economics
Monday, 30 November 2015 15:52

On the 30th day of each month the National Bank of Georgia presents a "Monthly Review" to the public.

In this survey, the macroeconomic parameters of the past month and the situation in the country's banking and financial sectors are analyzed. The aim of the review is to promote the provision of the country's short-term (one month) macroeconomic analysis to a wide spectrum of society. The review’s appendix includes statistical tables positioned thematically.

New Official Exchange Rate - 1 USD Equals 2.4051 GEL

Published in Economics
Friday, 27 November 2015 17:35

According to the new official exchange rate set by National Bank of Georgia, 1 US Dollar equals 2.4051 GEL. While previous exchange rate was 2.4046. Georgian Lari has dropped in Value by  0.0005 GEL. 

Georgian National Currency gained value against Euro. 1 EUR costs 2.5477 GEL. Official exchange rate of Lari has gained value by 0.0038GEL against Euro.

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