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Tag: Ukraine

National Depository of Ukraine and Central Depository of Armenia sign cooperation memo

News
The National Depository of Ukraine (NDU) and the Central Depository of Armenia (CDA) signed a memorandum on cooperation at the end of December 2021,  the Armenian Securities Exchange (AMX) said today

Ukraine’s Central Bank jacks up its refinancing rate to 30 per cent

Banks
Ukraine's Central Bank jacked up its refinancing rate to 30 per cent as part of a package of measures aimed at stabilizing the country's financial system

Ukrainian currency drops to all-time low

Exchange market
Ukraine’s national currency, the hryvnia, weakened to a record as trading, Vestifinance reported

IMF Board to consider aid to Ukraine in coming weeks

Economy
Managing Director of the International Monetary Fund (IMF) Christine Lagarde said she welcomes the reforms adopted by the Ukraine's government and the National Bank of Ukraine so far and encouraged the authorities to carry this reform momentum throughout the program, Kyivpost reported

Moody’s downgrades Ukraine bond rating with negative outlook: Reuters

Economy
Moody's Investors Service downgraded Ukraine's government bond rating to Caa3 from Caa2 with negative outlook, citing an escalating political crisis and stressed external liquidity position after Russia withdrew financial support

Ukraine’s debt to Russia stands at $16 billion- Medvedev

Economy
An agreement, under which Russia granted Kiev a discount of U.S. $100 per 1,000 cubic meters of natural gas, must be denounced and Ukraine must pay Moscow $11 billion which it lost on the price reduction, Prime Minister Dmitry Medvedev told President Vladimir Putin on Friday, Prime reports

Canada will contribute $220 million to international effort to bail out government of Ukraine

Economy
Canada will contribute $220 million to an international effort to bail out the government of Ukraine, Foreign Affairs Minister John Baird said Thursday, Prime reported citing CBC

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

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ACBA Bank to Invest $50 Million in MSME Development in Partnership with JICA (VIDEO)

ACBA Bank and the Japan International Cooperation Agency, JICA, are launching a partnership, as a result of which ACBA Bank will invest $50 million in the development of micro, small and medium-sized enterprises in Armenia.

Pashinyan: “banking secrecy is no longer a ‘sacred cow’ in democratic countries”

Armenian Prime Minister Nikol Pashinyan said today that banking secrecy cannot be inaccessible to the state.

Euro down 1.47 points to 412.25 drams

The average market exchange rate of the US dollar to the Armenian dram as of January 31, 2024, was 97.35 drams, down 0.57 points compared to January 30.

Armenian company buys Russian subsidiary of Goldman Sachs

Russian President Vladimir Putin has authorised the purchase of Goldman Sachs' unit in Russia by investment company Balchug Capital, a government decree published on Friday showed, Frank Media reports.

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