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Tag: reuters

Armenian regulator head tells Reuters about changes in monetary policy

Banks
The Central Bank of Armenia has no intention to continue easing its monetary policy for speeding up inflation – it says too low interest rates can create potential economic and financial risks

EU considers capital markets curbs among new Russia sanctions – Reuters

Capital market
New European Union sanctions against Russia could include further capital markets restrictions, making it harder for Russian companies to refinance themselves and possibly affecting Russian sovereign bonds, EU officials said on Wednesday

JPMorgan hack exposed data of 83 mln, among biggest breaches in history: reuters

Banks
Names, addresses, phone numbers and email addresses of the holders of some 83 million households and small business accounts were exposed when computer systems at JPMorgan Chase & Co were recently compromised by hackers, making it one of the biggest data breaches in history

Dollar hits highs vs euro, yen – Reuters

Exchange market
The dollar touched a fresh four-year high against a basket of currencies and a six-year peak against the yen on Monday, getting a tailwind from data showing higher U.S. growth in the second quarter

Moody’s upgrades Greece’s bond rating to Caa1 from Caa3: Reuters

Economy
YEREVAN, August 2. /ARKA/. Moody's Investors Service upgraded Greece's government bond rating to Caa1 from Caa3, citing the progress...

Wall Street stocks rise as dollar, euro drop against yen: Reuters

Capital market
The dollar and euro fell sharply against the yen on Tuesday as hopes for additional stimulus out of Japan faded, while bargain-hunting on Wall Street lifted stock prices after three days of losses

U.S. Treasury’s Lew urges Ukraine to turn to IMF: Reuters

Economy
The Ukraine's fundamental problem is that it suffers from an economic crisis and the country should ask the International Monetary Fund for help, U.S. Treasury Secretary Jack Lew said on Wednesday

Bank of Japan stands pat on policy, sticks to inflation forecasts: Reuters

Banks
The Bank of Japan kept monetary policy steady on Wednesday and maintained its upbeat consumer inflation forecasts, encouraged by signs that a broadening economic recovery may nudge firms into spending more on wages and investment

Fitch affirms the netherlands at ‘AAA’; outlook negative: Reuters

Economy
Fitch Ratings has affirmed The Netherlands' Long-term foreign and local currency Issuer Default Rating (IDRs) at 'AAA', the agency reports. The Outlooks are Negative

Greece and lenders expect 2013 budget surplus – Greek finance ministry source: Reuters

Economy
Greece and its lenders are close to agreeing that Greece will achieve a primary budget surplus this year, a senior Finance Ministry official told reporters on Sunday after senior Greek and EU and IMF officials met

Nikkei eases in thin trade; Tax hike, fed tapering uncertainties weigh: Reuters

Capital market
The Nikkei average edged down in very thin trade on Monday as uncertainties over a planned sales tax hike and the U.S. Federal Reserve's tapering kept many investors sidelined, while steady Asian stocks limited the downside for Japanese stocks

Asia braces for big falls after fed minutes: Reuters

Capital market
Asian markets look set for a rough ride on Thursday after minutes from the Federal Reserve July policy meeting were taken as affirming the outlook for a near-term tapering in stimulus, sending Treasury yields to two-year highs

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US dollar rate down 0.35 points to 397.92 drams

The average market exchange rate of the US dollar to the Armenian dram as of January 30, 2024, was 397.92 drams, down 0.35 points compared to January 29.

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

Armenia’s 1.5% inflation in December is the highest since April – WB

Armenia's inflation picked up to 1.5 percent (yoy) in December, the highest rate since April 2023, according to World Bank's Armenia Monthly Economic Update – January 2025 review.

Armenia’s refinancing rate back to August 2022 level – WB

The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

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