Guide to Currency Exchange for the Georgian Lari

Guide to Currency Exchange for the Georgian Lari

This article provides a comprehensive guide to the Georgian Lari (GEL), covering fundamental currency information, real-time exchange rates, international exchange rates, central bank interest rates, and the role of the National Bank of Georgia. It aims to help readers better understand and master the Georgian Lari, enabling them to make more informed currency exchange and investment decisions. The guide offers insights into the factors influencing GEL's value and provides practical tips for navigating the currency market in Georgia.

09/03/2025 Exchange Rate Query
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Global Container Shipping Rates Drop Sharply Raising Industry Concerns

Global Container Shipping Rates Drop Sharply Raising Industry Concerns

Global container throughput is recovering, but freight rates are plummeting. The World Container Index (WCI) has fallen for six consecutive weeks, down 57% year-on-year. Transpacific route freight rates have decreased significantly, mainly due to slowing demand and tariff policies. Analysts predict that freight rates will continue to decline, and the shipping industry may face severe challenges. The dramatic drop in rates despite increased volume suggests underlying shifts in global trade dynamics and potential overcapacity in the shipping sector.

11/03/2025 Logistics Industry Insights
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Fashion Supply Chain Strategies to Adapt to Market Changes

Fashion Supply Chain Strategies to Adapt to Market Changes

In the fashion industry, brands must adapt to rapid market changes by optimizing their operations to meet consumer demands. Establishing a flexible and efficient supply chain is crucial, as it ensures timely product delivery while supporting sustainable development strategies. Brands need to explore multi-channel layouts and leverage exceptional logistics capabilities to quickly respond to market fluctuations, enabling them to stay ahead in every trend shift.

07/17/2025 Logistics
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Pacific Shipping Sees Recovery in H1 Earnings An Analysis of the Shift from Loss to Profit

Pacific Shipping Sees Recovery in H1 Earnings An Analysis of the Shift from Loss to Profit

Pacific Shipping Company reported a net profit of $30.8 million for the first half of 2023, a significant improvement from last year's losses. The company noted that the recovery of the bulk carrier market and high operational load factors contributed to the positive performance. Looking ahead, the company remains optimistic about the recovery of the shipping market and plans to continue exploring investment opportunities in second-hand vessels. Additionally, in response to the 2020 low-sulfur regulations, the company is assessing compliance strategies.

08/01/2023 Logistics Industry Insights
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Analysis Of Price Changes In The Electric Heavy Truck Market What To Expect In The Second Half Of The Year

Analysis Of Price Changes In The Electric Heavy Truck Market What To Expect In The Second Half Of The Year

The electric heavy truck market has experienced significant price fluctuations, but stability is expected in the second half of the year. Government subsidies, technological advancements, and market demand are likely to mitigate the chances of drastic price drops. Continuous growth in sales of electric heavy trucks indicates a positive trend for the industry's healthy development.

07/24/2025 Logistics
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Middle East Luxury Outdoor Furniture Demand Rises With Real Estate Boom

Middle East Luxury Outdoor Furniture Demand Rises With Real Estate Boom

The booming real estate market in the Middle East is driving increased demand for high-quality outdoor furniture. Home furnishing brands like Danube Home are responding by launching durable and stylish outdoor furniture collections to meet consumers' desire for a high-quality lifestyle. Saudi Arabia, as a major consumer market, offers significant growth potential for furniture companies. The demand is fueled by a desire for outdoor living spaces that reflect modern aesthetics and withstand the region's climate.

01/05/2026 Logistics Industry Insights
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Freight Industry MA Strategies Adapt to Economic Uncertainty

Freight Industry MA Strategies Adapt to Economic Uncertainty

An AlixPartners report reveals a significant decline in freight and transportation M&A activity, impacted by tariffs, interest rates, and market structure shifts. All sectors are affected, with port infrastructure showing relative resilience. Companies should focus on M&A themes like market consolidation and geographic expansion, leveraging low valuations to capitalize on reshoring and nearshoring opportunities. Uncertainty remains the biggest hurdle, requiring close monitoring of Federal Reserve policy, tariffs, and trade flow changes. Companies should bide their time, carefully planning and preparing for future opportunities amidst market volatility.

01/08/2026 Logistics Industry Insights
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US Import Growth Slows Amid Trade Shifts

US Import Growth Slows Amid Trade Shifts

Descartes' latest report reveals that US import growth stalled in October, experiencing a year-over-year decline, indicating increased market risk. China's import share rose, but its total volume decreased, mirroring a general downturn among major trading partners. Performance varied between East and West Coast ports. Businesses should diversify their supply chains, optimize inventory, enhance risk management, and actively explore new markets to navigate the changing market landscape. The stagnation suggests potential challenges ahead for the US economy and highlights the need for proactive strategies.

01/07/2026 Logistics
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