The National Bank of Ukraine (NBU) purchased $159 million on the interbank foreign exchange market last week, according to data provided by the central bank. According to the results of foreign exchange interventions, the National Bank bought $159 million on the interbank foreign exchange market between August 30 and September 3. The regulator also sold…
People from Taiwan have increased their spending in Lithuania’s online stores amid growing ties between the two countries. According to the data from Taiwan’s institutions, residents of the island’s seven large cities made approximately 112,000 credit card payments, worth more than 2.5 billion new Taiwan dollars (around EUR 76 million), in Lithuanian stores between February…
In order to increase the export, sale, competitiveness and awareness of Georgian wine abroad the government of Georgia has decided to co-finance marketing campaigns of wine companies in export markets except for CIS countries. Agriculture Minister Levan Davitashvili announced that the government had approved the new state program to promote Georgian wine abroad. The program…
The international credit rating agency Fitch Ratings (Fitch) has published a statement on Latvia’s credit rating, where it has been maintained the level of A- with a stable forecast of future credit rating, the Latvian State Treasury reports. In the statement, published on September 3, Fitch highlighted the credible policy framework of Latvia, the country’s…
In 2020, power plants produced 5,516 gigawatt-hours (GWh) of electricity, which was three quarters of the production the year prior, data from Statistics Estonia showed. The volume of electricity produced from oil shale decreased by a half. Helle Truuts, an analyst at Statistics Estonia, said electricity production from renewable energy sources continued to grow last…
The gross international reserves of Kyrgyzstan increased by $205.37 million over the past month, official website of the National Bank of the country said. As a result of August, the reserves reached $2,860.74 billion. This is the highest level of the reserves in 2021. At the same time, since the beginning of the year, the…
Agreements worth $330 million were signed in favor of Uzbekistan on the sidelines of Islamic Development Bank’s (IsDB) 2021 Annual Meetings held in Tashkent. “We have learned a lot about the pressing development problems faced by our participating countries in connection with the pandemic. The topics discussed during the week, especially during the round table…