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AS OF MARCH 31, LARI SUPPLY INCREASED BY 17% Y-O-Y
11 Apr 2024 00:27 GMT
… national currency supply amounted to 5.68 billion lari, National Bank of Georgia …
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NBG RAISED LIMIT FOR NON-HEDGED FOREIGN CURRENCY CREDITS TO 400,000 LARI
08 Apr 2024 22:58 GMT
… 8, 2024 National Bank of Georgia (NBG) declared about raise of … in foreign currency, from 300,000 to 400,000 lari. This change …
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NBG raises minimum foreign currency credit limit to GEL 400,000
08 Apr 2024 14:24 GMT
… foreign currency credit available to customers with income in Georgian Lari … the National Bank of Georgia (NBG) made this decision … previous increase in foreign currency lending limit from … in the national currency, thus reducing currency risks for borrowers. …
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Netgazeti.Ge: “NBG RESPONDED TO GOTSIRIDZE’S CRITICISM IN CONNECTION WITH LARI RATE”
27 Mar 2024 12:49 GMT
… of the National Bank of Georgia (NBG) in 2005-2007, claims … February show that Georgian national currency lari was strengthening, and NBG did …
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Purchase Of USD 1.7 BLN Didn’t Prevent Currency From Historic Strengthening - NBG
26 Mar 2024 17:49 GMT
… Department at National Bank of Georgia, on Tuesday said the … had not prevented the national currency lari from “historic strengthening”.
He … .
"Buying based on currency rule is considered the most … impact of NBG’s currency rule interventions could not be …
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Acting Governor of Georgian Central Bank says national currency showing “historic” strengthening
25 Mar 2024 17:51 GMT
… of
Georgia, on Monday said the exchange rate of the national currency … as highlighting the same
development.
Lari remains strong, and we should … was “maintaining stability” while
foreign currency inflows were “strong” via tourism …
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Bank of Georgia upbeat after jump in full-year income
15 Mar 2024 09:28 GMT
… 2.53bn Georgian Lari (£750m). Within that, net foreign currency gain fell 21 … activity in the region.
"Georgia’s European Union candidacy status …
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Credo Bank and ASIAN Development Bank sign a GEL 65 Mio deal to support agricultural enreprenuers in Georgia
19 Feb 2024 18:29 GMT
… facility agreement of 65 million lari (equivalent to ~$25). … will provide long-term local currency funding to support Credo, … which will help avoid foreign currency exposure and risks. To support … access to finance across Georgia and extend credit to …
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ADB, Credo Sign Deal to Promote Food Security and Women-Owned Agriculture MSMEs in Georgia
19 Feb 2024 13:36 GMT
… enhance the food security of Georgia.”
An accompanying technical assistance … will provide long-term local currency funding to support Credo, … which will help avoid foreign currency exposure and risks. To … through over 185 million lari of total investments has …
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"Digital Lari's Initial Rollout to Focus on Interbank Relations," Suggests Mastercard's Regional Director Davit Zgudadze
01 Feb 2024 15:42 GMT
… the prospects of digital Lari, emphasizing its initial implementation … Lari, smart contracts, and the essentials for a Central Bank Digital Currency … from paper to electronic Lari, enhancing efficiency. Once … approach to digital currency adoption in Georgia.