GEL is backed up, country"s economy can not be judged only in relation to dollar - Finance Minister

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GEO

18 April 2024, 17:42

TODAY

15:21
Organizers of the rally in front of the Parliament dismantle the stage

12:39
Newly appointed Chairman of the Defense and Security Committee visited the occupation line together with his Turkish colleagues

12:27
I was in the Police Department for a few hours, then in the clinic, now I’m at home - Aleko Elisashvili

12:17
30 years ago people gathered on Rustaveli to demand sovereignty, it is a paradox that these days opposition and its NGOs are gathering people to demand less sovereignty - Papuashvili
12:12
These days have once again shown us the need for this law - Shalva Papuashvili

12:07
Lithuania resumes purchases of Russian grain after six-month break - Eurostat

12:06
This bill does not comply with EU norms and values - US Department of StateThis bill does not comply with EU norms and values - US Department of State

11:53
I would like to thank our police for demonstrating the highest level of professionalism - Papuashvili
11:42
Irakli Kobakhidze met with the Head of the EU Monitoring Mission in Georgia

10:30
EU leaders back new sanctions on Iran drone, missile producers after attack on Israel

10:20
Our voice will be heard at the next elections on October 26, it is very important that we have NGOs that can do their work until then - President

08:26
Some of the rally participants surrounded the representatives of media, including the journalists of “Imedi”, “Post TV”
00:11
We urge the Georgian government to heed warnings that this bill does not comply with EU norms and values - US Department of State

00:09
Number of protesters ignored legal requests of police to express their protest in a peaceful manner, which was followed by administrative detention of 2 individuals - MIA
17 April

23:39
Noise near the Government Administration - politicians demand a meeting with the Prime Minister

23:02
Some of the participants of the rally moved towards the government administration

20:07
Protest rally is underway on the Rustaveli Avenue

18:45
This law, if passed, will not help Georgia get closer to the EU - Herczyński on the draft law “On Transparency of Foreign Influence”
18:30
Salome Zourabichvili herself is an agent of foreign influence - Irakli Kobakhidze

18:23
Preventing “Ukrainization” is essential for Georgia’s integration into the EU – Prime Minister

18:04
Specific NGOs have been involved in blocking strategic economic projects – Prime Minister

17:33
The law on transparency will seriously help us to ensure the protection of the state sovereignty from various sides - Kobakhidze
17:20
Salome Zourabichvili will veto draft law “On Transparency of Foreign Influence”

17:15
Parliamentary discussion once again confirmed that the opponents have no argument against the draft law, the law is precisely European - Prime Minister

16:25
The EU urges Georgia to refrain from adopting legislation that can compromise Georgia’s EU path, a path supported by the overwhelming majority of Georgian citizens

15:23
Protest rallies should cover all of Georgia - Mikheil Saakashvili
14:35
Parliament of Georgia adopts the draft law “On Transparency of Foreign Influence” in the 1st reading

13:58
Messages from footballers represent our spirit - our future belongs to Europe – Kaladze

13:51
Authorities doing everything to maintain peace during transparency bill protests - Kaladze

13:07
Seven citizens were transferred to different medical venues in Tbilisi with various types of injuries, including 2 policeman - Gabunia
12:26
Levan Ioseliani visits the detainees at the Avchala detention center

12:14
Rally on Rustaveli Avenue ended late at night - situation on the spot became tense many times

12:05
Georgian people elected the Parliament… it is wrong when it is prohibited and advised without arguments what to accept and what not to accept – Papuashvili

11:46
We have not fought so much for independence or European integration that some foreigners called for the Rose Revolution in our country - Bitadze
11:42
Four police officers got injuries during the rally against “Transparency Bill”

10:17
France recalls its Ambassador to Azerbaijan, accuses Baku of damaging ties

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GEL is backed up, country"s economy can not be judged only in relation to dollar - Finance Minister

02-11-2018 18:08

GEL has again devaluated today. According to the National Bank data, the value of one dollar was GEL 2.7251.

The exchange rate is much higher in the currency booths and commercial banks.Before the new rate of Lari was announced, members of the government"s economic team said that there is nothing alarming and that the lari is firm.

The Finance Minister declares that the lari has been strengthened against the currency of all neighboring countries.

"Gel with regard to Azerbaijani mantra, Turkish lira, ruble and absolutely everyone is stronger, all of them got devaluated much more impoverished than the gel, country"s economy can not be judged only with regard to dollar," said Finance Minister Ivane Machavariani.

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