The capital of Armenia Yerevan hosts Francophonie summit 2018. Delegates of 84 countries arrived in the capital to attend the event.
Georgian models take part in popular international catwalks, photo shoots, fashion weeks and shows. They are very successful in Georgia as well as worldwide.
Several weeks ago the government announced about its initiative to legalize the cultivation of medical marijuana in Georgia.
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Exchange Rates
15-10-2018
GBP
1
GBP
3.4872
SGD
1
SGD
1.9149
ZAR
10
ZAR
1.8217
EUR
1
EUR
3.0546
People expect that the Lari will be deprecated by the end of the year and they try to buy the currency at the beginning of the fourth quarter - Deputy Finance Minister
10:18 03-11-2017
People expect that the Lari will be deprecated by the end of the year and they try to buy the currency at the beginning of the fourth quarter - Deputy Finance Minister Businesses and people expect that the Lari will be deprecated by the end of the year and they try to buy the currency at the beginning of the fourth quarter, - Deputy Finance Minister Giorgi Kakauridze said at the Finance and Budget Committee meeting yesterday.

According to Giorgi Kakauridze, the Lari started to fluctuate in November 2014. "At that time, the national currencies were significantly devaluated in our trade partners - Turkey, Azerbaijan, Armenia, etc. Although great efforts were taken and billions were spent, our trading partner countries could not solve the problem," Kakauridze said, adding that depreciation of the trading partners' currencies always affect the country's exchange rate.

As for today's situation, Giorgi Kakauridze stated that all the factors that affect the exchange rate are positive. According to him, today's situation was not caused by the fundamental factors, but mainly by the expectations.

"Unfortunately, these expectations have been created over the past few years. Businesses and people expect that the Lari will be deprecated by the end of the year and they try to buy the currency at the beginning of the fourth quarter, which affects the exchange rate, "Kakauridze said.

სხვა სიახლეები
Georgia to host CoE Sports Ministerial
Georgia will host the 15th anniversary meeting of the Council of Europe Ministers responsible for Sport on October 16, - the Ministry of Education, Sports, Culture and Science has said.
“Deprived Adolescence” - UNFPA Georgia presents the photo exhibition by Daro Sulakauri
UNFPA Georgia presents the photo exhibition by Daro Sulakauri “Deprived of Adolescence” on March 11, 2016, 16:00 at Zurab Tsereteli Museum of Modern Art (MOMA Tbilisi - 27 Rustaveli Av).