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Ukraine: central bank reports forex interventions to prop up hryvnia

The National Bank of Ukraine (NBU) has reported how much foreign currency it gas sold to prop up the hryvnia, Ukraine's national currency. The NBU's forex sales on the country's interbank forex market in August exceeded purchases by $621.3 million, the bank said on its official website. The central bank conducts forex interventions on the interbank market to smoothen excessive fluctuations...

Ukraine: gas price to be raised after talks with IMF

The price of natural gas for industry and households in Ukraine is likely to grow after negotiations with the International Monetary Fund (IMF), Ukrainian Energy and Coal Industry Minister Ihor Nasalyk has said. "What will be the outcome of negotiations? The premier has already announced that we cannot conduct unconstructive talks with the IMF. There will be an increase. I...

Azerbaijan: Ilham Aliyev allocates funding for construction of road in Oghuz

Azerbaijani President Ilham Aliyev has signed an order to provide funds for the construction of Bujag-Mukhas-Bash Dashagil road in Oghuz region. Under the presidential order, the Azerbaijan Highway State Agency is allocated 9.4 million manats for the construction of the road connecting four residential areas with a total population of 4,000 people. (AzerNews/Business World Magazine)

Estonia: Tartu Airport passenger numbers down in August 2018

Changes implemented to Tartu-Helsinki flight schedules this April have not had a positive impact on passenger numbers at Tartu Airport. While August 2016 saw nearly 2,800 passengers on flights served by Tartu Airport, just 2,003 passengers flew on the airport's Tartu-Helsinki-Tartu route last month. Over the past two years, the decline in passenger numbers has not been exclusive to the...

Kazakhstan: Kostanay region harvests 43% of grain crops

As of September 13 Kostanay region has harvested only 1.7 million ha of grain crops, or about 43% of the total amount. 4,997 farm producers work in Kostanay region to sow 3,937,600 ha of cultivated area. More than 62,000 units of equipment are involved in reaping the harvest. The harvesting campaign is falling behind the schedule this year due to the...

Ukraine: ambassador confident in vibrant economic ties with Belarus

Ukraine's Ambassador to Belarus Igor Kizim expressed confidence in further dynamic development of economic cooperation with Belarus as he spoke at an event to mark the 27th anniversary of the independence of Ukraine. According to the diplomat, Belarus and Ukraine maintain active dialogue at the governmental and regional levels. In his words, there is no other way for the country...

Ukraine: food industry covering nearly 90% of the domestic market

Today the food industry of Ukraine covers nearly 90% of the domestic consumer market with the quality food products. Moreover, the industry plays an important role in the foreign trade, forming more than 50% of the turnover of the agricultural area of Ukraine, declared the deputy minister of agrarian policy and food of Ukraine on European integration Olga Trofimtseva. "The...

Uzbekistan: export of tomatoes to Russia up in H1 2018

This year Russia has significantly increased imports of tomatoes to about 410,000 tons, up by 17% YoY. At the same time, Uzbekistan distinguished itself as one of the most significant contributions to the growth of supplies. The country increased the export of fresh tomatoes to Russia 3-fold in H1 2018. In the first six months of 2018 as many as 14,500...

Estonia: Port of Tallinn now listed on Nasdaq Tallinn Stock Exchange

Port of Tallinn (AS Tallinna Sadam) says its shares have been listed on the OMX Nasdaq Tallinn Stock Exchange in the Baltic Main List since June 13. The trading symbol of the shares is TSM1T and the number of common shares outstanding is 263,000,000, of which 176,295,032 (67,03%) is owned by the Republic of Estonia and the rest by...

Kyrgyzstan: state debt up in January-July 2018

According to the results of January-July there is $705.7 of state debt of Kyrgyzstan per capita. The debt burden increased by $0.7 MoM. According to the Ministry of Finance, as of July 31, the debt amounted to $4,415.26 billion or 300,502.46 billion soms. About $3,808.03 billion (259,074.27 billion soms) of the sum is the external and $607.23 million (41,328.19 billion...