Beijing/Hong Kong — Nearly three decades ago, Starbucks opened its first outlet in China with much fanfare, involving a troupe performing a traditional “golden lion” dance and eager customers trying cappuccinos made with steaming espresso machines.

The National Bank of Georgia has set a new currency rate.

"For 30 years, the GEL has been the only means of payment in Georgia," said Academician Vladimir Papava at a scientific conference held on the occasion of Economist's Day, dedicated to the 30th anniversary of the introduction of the GEL into circulation.

“In 1995, before the introduction of the lari, the Ministry of Finance played a major role in establishing the economic foundations. We managed to mobilize 20% of GDP into the budget and monetize all humanitarian aid, which helped stabilize the coupon,” said David Iakobidze, Georgia’s Minister of Finance from 1993 to 1997, who was actively involved in launching the country’s first national currency.

The National Bank of Georgia has set a new exchange rate. According to the results of trading on October 7, the US dollar depreciated and amounted to 2.7130 lari. The rate that was in effect today was 2.7201 lari.

The National Bank of Georgia has set a new official exchange rate.

The National Bank of Georgia has set a new exchange rate. Following trading on September 16, the US dollar strengthened to 2.7080 lari. Today’s rate was 2.7051 lari.

The National Bank of Georgia has set a new exchange rate. As a result of trading on September 10, the US dollar depreciated to 2.6920 lari. Today’s rate was 2.6921 lari.

BEIJING, Sept 6 (Reuters) - China's military on Saturday said its forces had followed and warned a Canadian and an Australian warship, which were sailing through the sensitive Taiwan Strait, in a move it condemned as a "provocation".

NEW DELHI, Sept 5 (Reuters) - India will continue to buy Russian oil as it proves economical, its finance minister said on Friday, despite the Trump administration's decision to impose heavy import tariffs on Indian goods due, in part, to its energy purchases from Moscow.

The National Bank of Georgia has set a new exchange rate. As a result of trading on August 27, the US dollar depreciated to 2.6968 lari. The rate in effect today was 2.6974 lari.

The National Bank of Georgia has set a new exchange rate. As a result of trading on August 15, the US dollar depreciated to 2.7010 lari. Today’s current rate was 2.7263 lari.

The National Bank of Georgia has set a new exchange rate. Following trading on July 28, the US dollar depreciated to 2.7075 lari. The rate in effect today was 2.7086 lari.

The National Bank of Georgia has set a new exchange rate. As a result of trading on July 21, the US dollar depreciated and amounted to 2.7113 lari. The rate in effect today was 2.7118 lari.

The National Bank of Georgia has set a new exchange rate. As a result of trading on July 18, the U.S. dollar depreciated and is now valued at 2.7118 lari. The rate in effect today was 2.7121 lari.

The National Bank of Georgia has set a new exchange rate. According to trading results on July 11, the US dollar depreciated and now stands at 2.7160 lari. The rate that was in effect today was 2.7174 lari.

The National Bank of Georgia has set a new exchange rate. As a result of trading on July 8, the US dollar strengthened and reached 2.7181 lari. The rate in effect today was 2.7180 lari.

As part of his visit to Rome, Italy, Georgia’s Minister of Environmental Protection and Agriculture, Davit Songulashvili, will participate in the 44th session of the United Nations Food and Agriculture Organization (FAO) Conference and deliver a speech. A meeting is also scheduled with FAO Director-General Qu Dongyu.

Georgia Capital has officially exited Georgia Global Utilities (GGU). According to the investment holding, under the terms of an agreement signed in December 2021, Spanish holding company Aqualia will acquire the remaining 20% stake in GGU for $70.4 million.

The National Bank of Georgia has set a new exchange rate. As a result of trading on June 25, the US dollar depreciated and now stands at 2.7248 lari. The rate that was in effect today was 2.7252 lari.

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.

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.

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).

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.

“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).