Kazakhstan: milling wheat prices strengthen

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Last week growing of milling wheat prices was noted on the export market of Kazakhstan. Factors of price support: – increased demand from major importers; – strengthening of national currency; – increase in milling wheat prices in the Black Sea region. Thus, over the week 12.5% wheat export prices increased by $8-10 to $172-178/MT FOB…

Ukraine: NBU cuts refinancing rate

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The National Bank of Ukraine (NBU) from October 28, cuts refinancing rate from 15% to 14%. The central bank said in a press release that the decision on the size of the refinancing rate was approved by its board on October 27. “The further relaxation of the monetary policy is linked to the reduction of…