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Economics

Lari Strengthens Again — Exchange Rate Update

The National Bank of Georgia has set a new exchange rate. As a result of trading on June 19, the US dollar depreciated to 2.7270 lari. The rate in effect today was 2.7276 lari.

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Lari Strengthens Again — Exchange Rate

The National Bank of Georgia has set a new exchange rate. According to the results of trading on June 13, the US dollar depreciated and now stands at 2.7296 lari. The rate in effect today was 2.7301 lari.

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Economy Minister: Strong economic growth expected in 2025

First Vice Prime Minister and Minister of Economy and Sustainable Development, Levan Davitashvili, participated in the opening ceremony of the Tbilisi Regional Forum for Sustainable Development (TBILISI RFSD).

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Lari Strengthened – Exchange Rate

The National Bank of Georgia has set a new exchange rate. As a result of trading on June 6, the US dollar depreciated and now stands at 2.7315 lari. The rate that was in effect today was 2.7318 lari.

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NBG President affirms Georgia’s free-floating exchange rate policy

“The National Bank adheres to a free-floating exchange rate regime, which means we do not artificially stabilise the GEL,” stated Natia Turnava, President of the National Bank of Georgia (NBG).

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Lari Strengthens Again — Exchange Rates

The National Bank of Georgia has set a new exchange rate. As a result of trading on May 23, the U.S. dollar depreciated to 2.7376 lari. The current rate in effect today was 2.7383 lari.

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Rail Service on the Yerevan–Batumi Route to Resume on June 14

The international train Yerevan–Batumi–Yerevan operated by South Caucasus Railway (SCR) will begin running again on June 14. The agreement was reached in Yerevan following a meeting with representatives of Georgian Railway, as reported by Echo of the Caucasus.

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Lari Strengthens — Exchange Rates

The National Bank of Georgia has set a new exchange rate. As a result of trading on May 19, the US dollar depreciated and now stands at 2.7406 lari. The rate that was in effect today was 2.7415 lari.

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Georgian Wine Gains Traction in UK with “The Georgian Palate” Tasting in London

A professional wine tasting event titled “The Georgian Palate” was held in London, aiming to increase awareness and expand exports of Georgian wine in the UK market. The event was organized by Swirl Wine Group, with the support of the National Wine Agency of Georgia.

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Georgia Conducts Black Sea Water Quality and Biodiversity Assessment Under EU Standards

The National Environmental Agency of the Ministry of Environmental Protection and Agriculture of Georgia has conducted a comprehensive study of water quality and biodiversity in the Georgian waters of the Black Sea, in line with the European Union’s Water Framework Directive (WFD) and Marine Strategy Framework Directive (MSFD).

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GNERC Commissioner Givi Sanikidze participated in the ERRA Meetings

Givi Sanikidze, Commissioner of the Georgian National Energy and Water Supply Regulatory Commission (GNERC), participated in the 22nd Annual Conference and General Assembly of the Energy Regulators Regional Association (ERRA), which was held in Muscat, Sultanate of Oman.

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Georgian Stocks Rally on LSE, Led by TBC Bank and Bank of Georgia – Galt & Taggart Weekly Review

Georgian equities listed on the London Stock Exchange posted mixed performances over the past week, according to a weekly market review by investment bank Galt & Taggart.

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Deposits in Georgian Banks Rise to ₾58.5 Billion in March, Up 11% Year-on-Year

The total volume of deposits in Georgian commercial banks reached ₾58.47 billion at the end of March 2025, an increase of 0.81%, or ₾468 million, compared to the previous month, according to financial statements released by the National Bank of Georgia (NBG). Year-on-year, deposit volumes rose by 11.27%.

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Lari Continues to Strengthen – Exchange Rates

The National Bank of Georgia has set a new exchange rate. According to trading results from April 15, the US dollar has decreased in value and now stands at 2.7544 lari. The rate that was in effect today was 2.7545 lari.

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British Airways Resumes Direct London-Tbilisi Flights

British Airways has officially returned to the Georgian aviation market, operating its first direct flight between London Heathrow and Tbilisi International Airport after a decade-long pause. The airline will now offer four weekly flights, connecting the capitals of the UK and Georgia with the modern Airbus A320neo aircraft.

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"Promoting Georgian Endemic Grape Varieties is Essential" – Mariam Khomasuridze

Mariam Khomasuridze, co-founder of the Georgian Wine Guild and an oenologist, emphasizes the importance of expanding Georgian wine’s presence in mature markets such as the UK, Germany, and other EU countries, including those with their own strong winemaking traditions.

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1 US dollar is now worth 2.7865 lari – Exchange rate

The National Bank of Georgia has set a new exchange rate. As a result of trading on March 18, the US dollar strengthened and is now worth 2.7865 lari. The rate that was in effect today was 2.7759 lari.

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1 US Dollar Now Worth 2.8157 Lari – Exchange Rate

The National Bank of Georgia has set a new exchange rate. As a result of the trading on February 13, the US dollar strengthened and became worth 2.8157 lari. The previous exchange rate was 2.8089 lari.

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Gas Supply Restoration Underway for 150,000 Subscribers in Vake-Saburtalo – Tbilisi Energy

The restoration of gas supply for up to 150,000 subscribers in Vake-Saburtalo has begun in stages following the repair of a damaged 500 mm central gas pipeline, Tbilisi Energy announced.

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Davit Narmania Delivered a Public Lecture to Students from Multiple Universities

Professor Davit Narmania, Chairman of the Georgian National Energy and Water Supply Regulatory Commission (GNERC), delivered a public lecture to students from several universities, covering the specifics of GNERC's activities and regulatory matters.

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900 Participants Engaged in Training Sessions on Energy and Water Supply at the Energy Training Center

Under the training programs organized by the Energy Training Center, 900 participants earned certificates in recognition of their qualification enhancement in 2024. The sessions, focused on energy and water supply, saw participation from representatives of regulated companies, businesses, tourism organizations, university students, and schoolchildren."

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Davit Narmania delivered a public lecture to students from multiple universities

Professor Davit Narmania, Chairman of the Georgian National Energy and Water Supply Regulatory Commission (GNERC), delivered a public lecture to students from several universities, covering the specifics of GNERC's activities and regulatory matters.

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Within the framework of the ongoing Visegrad project at the Energy Training Center, a practical guide on regulation has been developed

With the support of the International Visegrad Fund (IVF), the development of a practical guide/manual has been completed within the framework of the ongoing project at the Energy Training Center, titled "Sharing the Experience of the Visegrad Countries on the Regulation of Utility Services." The document addresses the regulation of the electricity, natural gas, and water supply sectors, targeting individuals interested in the regulation of utility services.

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1 US dollar now costs 2.8452 lari – exchange rate

The National Bank of Georgia has set a new exchange rate. As a result of trading on January 20, the US dollar strengthened and reached 2.8452 lari. The rate that was in effect today was 2.8412 lari.

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Davit Narmania: "The Sustainability of the Energy Sector is a Matter of Paramount Importance for our Country."

Chairman of the Georgian National Energy and Water Supply Regulatory Commission, Davit Narmania, has shared a post on social media regarding key trends in the energy sector:

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