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Daily Archives: April 1, 2016

Upturn in USD/GEL Trade Turnover at Interbank Market

Upturn in USD/GEL Trade Turnover at Interbank Market

At the interbank market the USD/GEL trades total volume marked 40.1 million USD. Under the monthly report by the National Bank of Georgia (NBG), in February, as compared to the previous month, the turnover increased by 11 million USD (up 38%), while a 56% slowdown  was recorded as compared to …

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Georgia’s Net International Investment Positions Worsens

position invetsment

Georgia’s net international investment positions made up 17.9 billion USD at the end of 2015, that is, GDP’s -128.6 % (based on the report of the past 4 quarters). The country has lost positions and obligations have increased as compared to assets. Negative balance has worsened by 515.2 million USD …

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