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Georgia’s lari fell to the weakest level against the dollar in two years after a decision by the ruling party to delay talks on European Union membership triggered violent clashes in the capital ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

Shares of the country’s two largest banks, TBC and the Bank of Georgia, remain down a week after the announcement. The Georgian lari immediately lost value, with Bloomberg reporting on December ...

(Bloomberg) -- Georgia’s premier ruled out holding talks with the opposition after four nights of violent clashes in the capital helped propel the lari to a two-year low against the dollar.