The National Bank of Kazakhstan notes a high probability of strengthening the tenge rate by the end of the year. According to the NBK Chairman Daniyar Akishev, currently, the foreign exchange market is stable. “The exchange rate fluctuates within the historically formed limits given the oil prices and exchange rates of trading partner countries. We…
The National Bank of Ukraine (NBU) has declared PJSC Bank Boguslav (Kyiv) insolvent, according to the central bank’s website. The NBU Board made corresponding decision No. 708-RSh/BT on November 6. “As of November 1, Bank Boguslav had not ensured the implementation of measures foreseen in the previously approved restructuring plan with respect to raising charter…
In January-September the volume of exports of Ukrainian meat products increased almost 1.5-fold, from $271 million to $397 million, compared to the corresponding period of 2016, Deputy Director of the National Research Center “Institute of Agrarian Economics” Mykola Puhachov announced. According to him, there is a positive tendency of increase in volumes of export of…
The first cargo vessel carrying timber belonging to Westwood Group OU departed for the Port of Lanshan, China, from the general cargo terminal of Estonia’s Transiidikeskus AS last weekend. The vessel carrying the shipment of timber is the general cargo ship Kraszewski, which is the largest timber-carrying ship yet to enter Muuga Harbor, according to…
Turkmenistan, enjoying vast of hydrocarbon resources, has prepared about 300 prospective oil and gas structures for deep drilling. This was stated by Shahim Abdrakhmanov, chairman of the state corporation Turkmengeology, at the international conference entitled “Oil and Gas of Turkmenistan – 2017”. Energy rich nation of Turkmenistan has opened about two hundred oil and gas…
Azerbaijan’s power plants generated 18.3 billion kilowatt hours of electricity in January-October, as compared to 18.4 billion kilowatt hours in the same period of 2016, says a message of Azerenergy JSC. Azerenergy JSC generates, transmits, distributes, and supplies electric and heat energy by using thermal and hydro resources in Azerbaijan. According to the message, more…
France hopes that it will continue to strengthen cooperation in all spheres with Turkmenistan, French President Emmanuel Macron said in a letter to his Turkmen counterpart Gurbanguly Berdimuhamedov. The French president in his letter welcomed continuous development of partnership strategy with Turkmenistan over the past 25 years. In addition, the letter said that France would…