page 5
Armenia’s Central Bank decided to cut the benchmark refinancing rate by 0.25 percentage points to 6.5%. It is the seventh consecutive cut of the benchmark rate by the regulator within this year. In February, …
Armenia's Central Bank said it had decided to cut its refinancing rate to 6.75% from 7.25%. Annual deflation in the South Caucasus country was at 1.9% in August, compared to 1.3% deflation in July, according to central bank data. …
The State Oil Fund of Azerbaijan (SOFAZ) has sold $78 million to 22 local banks on foreign exchange market today, fully meeting demand, the fund said. It had offered $150 million at the Wednesday auction. SOFAZ sold $200 million at …
The Central Bank of Azerbaijan (CBA) increased the interest rate from 9.5% to 15% today, the CBA said in a message. The upper limit of the interest rate corridor was increased from 15% to 18%, while the lower limit was …
The State Oil Fund of Azerbaijan (SOFAZ) sold $50 million to 30 banks through an auction held by the Central Bank of Azerbaijan (CBA) Sept. 6, SOFAZ said in a message, Trend reports. SOFAZ will continue to sell foreign currency through …
Official exchange rate of the US dollar and euro to Azerbaijani manat was set at 1.6362 manats and 1.8239 manats, respectively, on September 6, Trend reports. According to the currency exchange rate corridor set by the Central Bank …
Azerbaijani Deputy Taxes Minister Ilkin Valiyev said that Income tax and value added tax (VAT) rates for small and medium-sized enterprises engaged in production will be reduced in the country. He made the remarks at a …
The Georgian Prime Minister Giorgi Kvirikashvili believes that there is no alternative to dedollarization and strengthening confidence in the Georgian national currency in the long term. "We must take …
The Central Bank of Azerbaijan (CBA) has granted about 1 billion manats to the banking sector, without taking into consideration the swap operations, the head of the Central Bank of Azerbaijan, Elman Rustamov, said. A …
In the near future, strengthening of the lari is expected in Georgia. Georgian Finance Minister Nodar Khaduri stated that in the short term, he expects stabilization of exchange rate of the lari, and then strengthening of the …
Today, Foreign Minister of Hungary Peter Szijjarto reported about the opening of a credit line by the Hungarian government through Eximbank for the development of cooperation with Azerbaijan, which amounts to 200 million …
The coalition of RPA and 'Dashnaktsutyun', personnel changes, Russian gas prices, impoverishment of the population
The coalition of the RPA and ARFD, fracturing of ‘Prosperous Armenia’, the new ambassador of Armenia to Russia, rises in prices ...
Armenian media write about the aggravation of differences between President Serzh Sargsyan and Prime Minister Hovik Abrahamyan during the negotiations on the establishment of the next ruling coalition
Russia and Iran can start to use their national currencies for mutual operations, the Minister of Industry and Trade, Denis Manturov, said today. "We do not rule out the possibilities of using the ruble-rial, based on the fact …
Russian President Vladimir Putin has signed a law on ratification of the Agreement on the CIS integrated currency market, which will create an integrated currency market within the borders of post-Soviet Commonwealth. …
The National Bank of Georgia raised its key refinancing rate by 50 basis points to 7% today. The monetary policy decision is based on the macroeconomic forecast, according to which the National Bank of Georgia continues monetary policy …
The Azerbaijani parliament adopted new amendments to the Law on "the Central Bank of Azerbaijan". The authorized capital of the Central Bank of Azerbaijan will be increased to 500 million manat from 10 million manat, abc.az …
The World Bank Group has approved a five year joint strategy (2015-2020), aimed at supporting Azerbaijan on its path toward sustainable development. The IFC’s primary focus is on supporting the continuing and strengthening initiatives to boost
President of Azerbaijan Ilham Aliyev has signed the law on securities market approved by the Parliament. The Cabinet of Ministers should bring its acts into conformance with the law, define the rules of issue and turnover of the state …
