Mission of the International Monetary Fund (IMF), which is now in Baku, discussed the current situation in the banking sector with leading Azerbaijani banks, head of the Azerbaijan Banks Association (ABA) Zakir Nuriyev reported. The sides discussed the decisions made by the regulator – Azerbaijan’s Financial Market Supervisory Authority – on stabilization of the situation…
DetailsUkraine’s international reserves at the end of February stood at $15.5 billion against $15.445 billion at the beginning of the month, Head of the National Bank of Ukraine (NBU) Valeriya Gontareva has said. “We plan to increase our reserves, if the situation on the foreign exchange market allows us to do it,” Gontareva said. She…
DetailsUkraine imported 2.82 billion cubic meters of gas from Europe in January-February, up by 30% YoY, the gas pipeline operator Ukrtransgaz has said. This included 2.408 billion cubic meters of gas from Slovakia, 179.9 million cubic meters from Hungary and 232 million cubic meters from Poland. Ukraine imported 1.37 billion cubic meters of gas from…
DetailsOn February 11-20, air temperatures were 1-4 degrees C below normal in the south and south-east of Kazakhstan, where winter crops are cultivated. They were 2 degrees ‘ above normal in some areas. Precipitation occurred at above-normal rates everywhere. Frequent thaws that lasted for up to 6 days in the south of the country and…
DetailsThe State Enterprise Kyrgyz Temir Joly bears losses and can’t be engaged in freight carriage due to the lack of wagons, the deputy Abdykapar Sultanov said. The issue has been raised half a year ago, but there is no result. Kyrgyz Temir Joly is considered to be the state-owned company, paying millions of tax to…
DetailsCurrency reserves of the Central Bank of Azerbaijan (CBA) increased by $42.1 million (0.97%) to $4,369.3 million in February as compared to January, the CBA said in a message on March 1. CBA’s reserves increased by 8.5% in February as compared to the same month of 2016. Currency reserves of the CBA decreased by $1,042.3…
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