The lari (Georgian: ლარი; ISO 4217: GEL) is the currency of Georgia. It is divided into 100 tetri. The name lari is an old Georgian word denoting a hoard, property, while tetri is an old Georgian monetary term (meaning 'white') used in ancient Colchis from the 6th century BC. Earlier Georgian currencies include the maneti, abazi, and Georgian coupon.
Georgian presidential runoff fallout: defeated candidate calls for mass protests, early general election. OSCE says campaign saw significant deviations from democratic principles. Winner, backed by Georgia’s richest man, “enjoyed an undue advantage”, it concludes.[node:summary]