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About: Larization     Goto   Sponge   NotDistinct   Permalink

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Larization is de-dollarization for Georgian currency – Lari. The term may have two meanings: 1. * Larization - percentage share of Lari in all currency usage. For example: loans (deposits) larization - percentage share of loans (deposits) disbursed (received) in Lari, in total amount of loans (deposits) disbursed (received) by commercial banks. Larization of economy - percentage share of Lari in total money supply of economy. 2. * Larization - a process when percentage of larization is increasing. This process may be triggered by Economic agents in a country who prefer national currency to foreign currency for transactions. They prefer to keep (of their own free will) their savings in national currency instead of foreign currency and also take loans (of their own free will) in national