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A service for banking industry professionals · Tuesday, November 12, 2019 · 501,888,160 Articles · 3+ Million Readers
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Georgian Lari (GEL) News Monitoring

  • Published on Nov 8, 2019

    Azerbaijani currency rates for Nov. 8

    (MENAFN - Trend News Agency) BAKU, Azerbaijan, Nov. 8 Trend: Official exchange rate of the US dollar and euro against Azerbaijani manat is set at 1.7 and 1.8782 manat respectively for Nov. 8. Below are the rates of Azerbaijani manat against world …

    Source: Mena FN
  • Published on Nov 7, 2019

    £3k to spend on your ISA? I’d buy this 6% dividend yield and hold it for 10 years

    Taking the plunge on Britain’s banks is risky business right now. Throw in a dark economic outlook for the UK economy over the medium term, the persistence of low interest rates, and still-booming PPI provisions, and it’s no surprise that many (including …

    Source: Stock Investing Advice
  • Published on Sep 19, 2019

    Georgia's c.bank to tighten monetary policy until prices stabilise-c.bank chief

    (Adds comments by the governor of the central bank) By Margarita Antidze TBILISI, Sept 19 (Reuters) - Georgia’s central bank plans to further tighten monetary policy if inflation caused by the fall of its currency persists, the bank’s governor said. …

    Source: Reuters
  • Published on Sep 19, 2019

    Georgia's c.bank to tighten monetary policy until inflation stabilises-governor

    TBILISI, Sept 19 (Reuters) - Georgia’s central bank plans to tighten monetary policy further, if there is pressure on inflation from depreciation of the lari currency, the central bank governor said. Koba Gvenetadze told Reuters in an interview that he …

    Source: Reuters
  • Published on Oct 28, 2019

    Khachapuri Index Hits a Historical High

    The FINANCIAL -- The Khachapuri Index reached its historical maximum in October 2019. The Index continued its upward trend which started in May 2019 and took a big leap in October 2019. The average cost of cooking one standard Imeretian khachapuri reached …

    Source: Financial
  • Published on Sep 4, 2019

    Georgia's central bank raises key rate to 7% from 6.5%

    (Adds details, context) TBILISI, Sept 4 (Reuters) - Georgia’s central bank raised its key refinancing rate to 7% from 6.5% on Wednesday, after annual inflation exceeded its 3%target. The central bank had cut the rate to 6.75% in January and to 6.50% in …

    Source: Reuters
  • Published on Aug 27, 2019

    Fitch Affirms Georgia at 'BB'; Outlook Stable

    Fitch Ratings has affirmed Georgia's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BB' with a Stable Outlook. KEY RATING DRIVERS Georgia's ratings are supported by governance and business environment indicators that are above …

    Source: The Financial
  • Published on May 30, 2019

    Georgian Lari Slides to All-Time Low Against US Dollar

    Exchange rate of the Georgian national currency, Lari (GEL) hit a record low against U.S. dollar on May 29 after falling to 2.7997. GEL’s previous all-time low of 2.7846 per U.S. dollar was recorded in December 2016. Georgian currency started sharp …

    Source: Civil
  • Published on Aug 8, 2019

    EBRD focuses on supporting the private sector in Georgia

    The European Bank for Reconstruction and Development (EBRD) focuses on supporting the private sector in Georgia through innovation, expansion of markets through inter-regional connectivity, resource efficiency, and development of local currency and capital …

    Source: News.Az
  • Published on Aug 1, 2019

    NBG to Sell USD 40 mln as Lari Hits All-Time Law against Dollar

    Home/News/NBG to Sell USD 40 mln as Lari Hits All-Time Law against Dollar News 31/07/2019 - 22:12 23 Less than a minute The National Bank of Georgia (NBG) said it will sell USD 40 million tomorrow as the national currency, Lari, hit a …

    Source: Civil
  • Published on Aug 1, 2019

    What risks Georgia national currency devaluation pose for Armenia economy?

    YEREVAN. – As a result of the devaluation of the Georgian national currency, the lari, the sales of Georgian goods will increase, and Armenian products will be gradually driven out. Economist Suren Parsyan told this to Armenian News-NEWS.am, when asked …

    Source: News
  • Published on Aug 6, 2019

    What Is Happening To The LARI

    Since Georgian Dream came to power in 2013 the dynamic of the Lari’s exchange rate is very clear, it went from 1.65 in January 2013 to 2.92 in August 2019. During those 6 and a half years the Lari has lost about 43% of its value at the average rate of …

    Source: The Financial
  • Published on Jul 15, 2019

    Bank of Georgia Group, EBRD sign agreement to provide small businesses with local currency funding

    StockMarketWire.com - Bank of Georgia Group and the European Bank for Reconstruction and Development signed a GEL 28m loan agreement with a maturity of 5 years to provide the micro, small and medium-sized enterprises access to local currency funding and …

    Source: Stock Market Wire
  • Published on Oct 16, 2019

    Official exchange rates for CIS and Baltic nations as of 16.10.2019

    October 16, 2019 15:30 Country Currency For $1 For 1 For 1 ruble EUR Azerbaijan manat 1.7 0.0264 1.8751 Armenia dram 476.76 7.42 526.2 Georgia lari 2.9701 0.046078 3.2725 Belarus bel.ruble 2.0501 0.031887 2.2598 Kazakhstan tenge 389.59 6.05 429.06 …

    Source: Interfax
  • Published on Jul 9, 2019

    Putin blocks Russian parliament plans for Georgia sanctions

    Russian President Vladimir Putin on Tuesday rejected a parliamentary call to impose sanctions on Georgia amid a wave of anti-Kremlin protests in the former Soviet republic. Speaking shortly after MPs unanimously backed a resolution urging the government to …

    Source: euronews
  • Published on Jun 25, 2019

    Georgia's lari currency weakens

    The Georgian lari has weakened again amid the tense situation in the country. According to the Georgia’s National Bank, $1 amounted to 2.7945 lari. So far, the record drop of the currency was recorded on May 28, 2019, when $1 was worth 2.7876 lari. An even …

    Source: News
  • Published on Jun 25, 2019

    Lari again depreciates against US dollar

    Baku, Azerbaijan, June 25 By Tamilla Mammadova - Trend: The Georgian lari has once again depreciated against the US dollar, says the report of the National Bank of Georgia, Trend reports with reference to newsgeorgia.ge. The bank's message said …

    Source: Trend.az
  • Published on Oct 14, 2019

    FLO - Shoes for Everyday Adventure

    The FINANCIAL -- Giorgi Gochiachvili is the Regional Manager of FLO Georgia, the fashionable outdoor shoe retailer from Turkey; its products designed for everyday adventure. In this interview with The FINANCIAL Gochiashvili talks about the brand’s Georgian …

    Source: The Financial
  • Published on Jul 4, 2019

    KUPPERSBERG Planning to Open Stores in Shopping Networks across Georgia

    Kitchen appliances and accessories company KUPPERSBERG is planning to open new stores in shopping networks across Georgia in 2019 and further increase its sales. The company is also working to increase its production assortment in all of its branches in …

    Source: Financial
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Chief Learning Officer, APEX Fall

Date: 13-Nov-19 to 15-Nov-19
Location: Orlando / United States
Corinium’s position in the market as the leading conference provider in the learning and development space means that we’ve developed a unique, extensive network of senior leaders. Drawing on feedback from these connections, we’ve developed CLO APEX, Fall an exclusive gathering of Learning & Development Leaders from the country’s largest institutions. CLO APEX, Fall is set apart from traditional conferences or tradeshows because of its focus on bringing together the crème de la crème of the learning & development world for valuable networking truly peer-to-peer level and intellectual content. Our extensive understanding of the market and in-depth research results in a conference program designed to engage our attendees. Only a limited number of specially selected C-Suite, VP and ...

Small Business Expo 2019 - ATLANTA (November 14, 2019)

Date: 14-Nov-19 to 14-Nov-19
Location: Atlanta / United States
Small Business Expo is America’s BIGGEST Business to Business Trade Show, Conference & Networking Event for Small Business Owners, Entrepreneurs, Start-Ups and anyone that works for a Small Business or who is inspired to start their own Business. Small Business Expo has been recognized four years in a row as an Inc 5000 fastest-growing privately held company celebrating its Eleventh Year Anniversary. Our focus is on targeted learning, networking, building valuable new business relationships & finding top vendors that help Business Owners take strategic action to immediately improve their Small Business. At this FREE one-day event hosted in 17 Major US Cities, over 75,000 passionate Business Owners will connect, network with vendors in various industries, and learn from the best ...

#TheCultureFactor Cultural intelligence in business

Date: 15-Nov-19 to 16-Nov-19
Location: Luxembourg
Join us in Luxembourg, November 15th for the 2019 #theculturefactor conference. This year, we will bring together an exceptional lineup of experts from industry, academia, and (supra)governmental institutions who will share their wisdom on the importance of culture. Join interactive sessions, keynote speeches, breakout workshops, enlightening talks and case studies. Meet experts and reflect with us on how you can drive success with a global mindset.

Rush Hour Mobility Hackathon by Renault

Date: 15-Nov-19 to 17-Nov-19
Location: France
RDV les 15, 16 & 17 novembre prochains pour le hackathon Renault Digital ! On vous invite au coeur de leur écosystème de multi-modalité urbaine lors du Rush Hour Mobility Hackathon ! ? ? ?? Votre mission ? Nous sommes dans un futur proche, les taxis autonomes font désormais partie de notre mobilité. Imaginez les nouvelles applications de mobilité urbaine afin de garantir la meilleure expérience utilisateur face aux imprévus de la ville ! Le mot d’ordre ? La multi-modalité ! Vos outils : Pour cela, vous aurez accès à l’environnement technique MEOOCar de Renault Digital, qui permet la simulation de mini voitures autonomes conscientes de leur environnement extérieur et capables d’interagir avec l’utilisateur via des apps on et off board. Pour qui ? Rush Hour Mobility Hackathon est ...

Small Business Expo 2019 - BROOKLYN (November 20, 2019)

Date: 20-Nov-19 to 20-Nov-19
Location: United States
Small Business Expo is America’s BIGGEST Business to Business Trade Show, Conference & Networking Event for Small Business Owners, Entrepreneurs, Start-Ups and anyone that works for a Small Business or who is inspired to start their own Business. Small Business Expo has been recognized four years in a row as an Inc 5000 fastest-growing privately held company celebrating its Eleventh Year Anniversary. Our focus is on targeted learning, networking, building valuable new business relationships & finding top vendors that help Business Owners take strategic action to immediately improve their Small Business. At this FREE one-day event hosted in 17 Major US Cities, over 75,000 passionate Business Owners will connect, network with vendors in various industries, and learn from the best ...

SMi's 18th Annual Benelux Infrastructure Forum

Date: 20-Nov-19 to 21-Nov-19
Location: Amsterdam / Netherlands
The industry-leading event for the Benelux region; Benelux Infrastructure Forum, is returning to Amsterdam on the 20th and 21st November 2019 for its 18th consecutive year. The urgency to decrease the reliance of fossil fuels and transition to renewable energy sources has led to a major shift in the Benelux region towards offshore wind /geothermal power/solar power plant production and subsequently a requirement of different financing for these types of plants. For this reason, this year’s highly anticipated event will focus on exploring new financing mechanisms and alternative markets for future sustainable investments in the Benelux region. Attendees will have the unparalleled opportunity to meet, network and participate in panel discussions and debates with industry experts and ...

Energy Risk Asia

Date: 21-Nov-19 to 21-Nov-19
Location: Singapore / Singapore
Asian energy traders and risk managers face uncertain times. Growing geopolitical uncertainty, regulatory changes in the swaps and OTC markets, the growing trend of new energies and the constant speculation on the direction of the oil price are some of the main challenges that are shaping Asian energy markets. Against this backdrop and in its 12th year, Energy Risk Asia continues to be the pre-eminent event for risk managers to discuss these burning issues, including the China-US trade war, IMO 2020, LNG, climate risk and regulatory changes. The conference will gather 200+ risk managers and commodity from companies such as BP, Shell, Rio Tinto, Novatek, PetroChina, Pavilion Energy, Engie, and more.

PLASTIVISION ARABIA 2019

Date: 25-Nov-19 to 28-Nov-19
PLASTIC PRODUCTS AND PROCESSING, FILLING & PACKAGING, RAW MATERIALS, AUXILIARIES, SERVICES FOR THE PLASTICS AND RUBBER INDUSTRY, The event has become the leading platform to showcase the latest machineries and global manufacturing trends. It gives the regional plastic processors an opportunity to source the complete range of plastic converting requirements – from raw materials, additives, molds & machinery. The GCC packaging market is one of the fastest growing sectors in the manufacturing industry in the Middle East. Over the last decade, manufacturers have seen the benefit of bulk import & repackaging from the GCC given the tax-free, cheaper manufacturing costs and re-export advantage. The GCC is now the largest re-export market for Food & Beverages, pharmaceuticals ...

LEAP HR: Construction

Date: 02-Dec-19 to 04-Dec-19
Location: Dallas / United States
LEAP HR: Construction is the definitive annual event for HR leaders from all parts of the industry to find out what needs to be in the construction HR toolbox of the future. Uncover the new thinking you need to apply to attract, retain and develop the next generation of field talent, manage the needs of an evolving workforce, and inspire the construction business leaders of tomorrow. Amongst the leaps we’ll be putting under the spotlight: - Redesigning traditional recruitment strategies to attract multigenerational & diverse craft talent to your - Leveraging innovative technology to attract, engage & develop top field - Revamping benefits packages to unlock culture change, re-energize your workforce & transform employee - Rethinking how we ...
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