About Civil.ge
Eng | Geo | Rus
Last updated: 03:45 - 25 Nov.'17
RSS
Mobile
Twitter
Facebook
GEL Continues Sliding Against USD, EUR
Civil Georgia, Tbilisi / 10 Nov.'17 / 17:25

Georgian national currency, Lari (GEL), continues depreciating against U.S. Dollar and Euro.

GEL is trading at 2.6370 against U.S. Dollar today, a day after it was selling at 2.6272.

Lari depreciated against Euro as well, reaching 3.0608. Euro-Lari exchange rate stood at 3.0468 yesterday.

GEL started depreciating in November, 2014, falling to its record low of 2.7846 against U.S. Dollar on December 22, 2016. It continued falling throughout most of January this year and started recovering from February.

Lari was relatively stable for about five months before September, hovering around 2.39-2.44 per U.S. Dollar, about 40% weaker compared to November, 2014, when GEL first started depreciating. But from early September it started falling again, dropping dramatically in the last few days of October.

Latest News
25 Nov.'17 03:45
Fire in Batumi Hotel Leaves Eleven Dead
Ten Georgian, one Iranian citizen dead, 21 hospitalized.
24 Nov.'17 22:05
Terrorism Suspect Sentenced to Pretrial Detention
Georgian authorities arrested the suspect on November 21.  
24 Nov.'17 17:14
PM Kvirikashvili Meets EU Leaders in Brussels
Giorgi Kvirikashvili is attending the fifth Eastern Partnership Summit.
24 Nov.'17 15:22
President Margvelashvili on Anti-Terrorist Operation
The President reiterated his criticism of the government for its decision to abolish the National Security Council.
24 Nov.'17 13:11
Georgia in EPP Declaration for Eastern Partnership Summit
The European People’s Party held its Sixth EPP Eastern Partnership Leaders Meeting on November 23.
24 Nov.'17 10:56
Eastern Partnership Summit: Country Expectations
Foreign Ministries of Armenia, Azerbaijan, the Republic of Moldova and Ukraine on their Summit expectations.
23 Nov.'17 17:08
Prime Minister, Security Service Chief on Anti-Terrorist Operation in Tbilisi
Head of the State Security Service says “a serious group” committed a terrorist act against Georgia.
23 Nov.'17 11:49
Court Denies Refugee Status for Turkish Citizen
The court rejected Mustafa Emre Çabuk’s lawsuit against the Ministry of Refugees.
22 Nov.'17 19:13
Three Suspects Dead as Anti-Terrorist Operation Ends
The State Security Service reiterated that the suspects were foreign citizens.
22 Nov.'17 18:22
Anti-Terrorist Operation Over
The status of the suspects still remains unclear.

About Civil Georgia
Civil.Ge © 2001-2017, Daily News Online
Registered office: 2 Dolidze Str, 4-th Floor.
83