Georgia selects symbol for national currency
New symbol will increase popularity of the lari, central bank hopes
Giorgi Kadagidze, governor of the National Bank of Georgia (NBG), yesterday announced the winner of a competition to design a symbol for the national currency, the lari, but insisted it had a limited lifespan as the country will one day "definitely" join the European Union and single currency.
The competition to design a new symbol was launched at the back end of last year, with a commission in February choosing a shortlist of five designs, which the Georgian public was then invited to vote on.
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