Georgia

Georgia's Central Bank Spends $60 Million to Support Lari Amid Political Crisis

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By Felix Light and Gleb Stolyarov TBILISI (Reuters) – Georgia’s central bank said on Thursday it had spent $60 million in reserves to support the lari after a surge in demand for foreign currency, its largest such intervention since May 2021. Georgia has been mired in a political crisis over a bill …



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