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The lari ( Georgian: ლარი; ISO 4217: GEL) is the currency of Georgia. It is divided into 100 tetri ( თეთრი ). The name lari is an old Georgian word denoting a hoard, property, while tetri is an old Georgian monetary term (meaning 'white') used in ancient Colchis from the 6th century BC.
An exchange rate between two currencies fluctuates over time. The value of a currency relative to a third currency may be obtained by dividing one U.S. dollar rate by another. For example, if there are ¥120 to the dollar and €1.2 to the dollar then the number of yen per euro is 120/1.2 = 100.
v. t. e. This is a list of countries by their exchange rate regime. [1] De facto exchange-rate arrangements in 2022 as classified by the International Monetary Fund. Floating ( floating and free floating) Soft pegs ( conventional peg, stabilized arrangement, crawling peg, crawl-like arrangement, pegged exchange rate within horizontal bands ...
Constitution of Georgia Article 95. 1. The National Bank of Georgia shall ensure the functioning of the monetary system of Georgia to provide the price stability and supports the financial sector's efficient functioning; 2. The National Bank is the bank of all banks, and the banker and fiscal agent of the Georgian Government. 3.
The Federal Reserve decided for the sixth straight time to hold the benchmark interest rate unchanged at a 23-year high of 5.25% to 5.50% at its last rate-setting meeting on May 1, keeping APYs on ...
Georgia’s unemployment rate held steady at 3.1% in April for the fourth month in a row, even as several jobs categories reached all-time highs, the state Department of Labor reported Thursday.
High-yield savings account rates for May 2, 2024. Today’s best savings rates are at FDIC-insured digital banks and online accounts offering yields of up to 5.55% APY with a minimum $500 opening ...
Unknown; at least 50%. This infobox shows the latest status before this currency was rendered obsolete. The kuponi ( Georgian: კუპონი k’up’oni, "coupon"; ISO 4217: GEK) was the currency of Georgia. It was introduced on 5 April 1993, replacing the Russian ruble at par. This currency was temporary, with no coins nor subdivisions.
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