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    April 2013
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  • Archive for April 4th, 2013

    IFC helps Armenia’s Inecobank support micro and small businesses spurring their growth

    Thursday, April 4th, 2013

    Using a results-focused financing tool, IFC, a member of the World Bank Group, has helped Armenia’s Inecobank increase lending to micro and small businesses, sparking economic growth and cutting poverty in rural areas, Inecobank said in a press release today

    Russian Central Bank executive urges high-level officials to buy russian securities

    Thursday, April 4th, 2013

    Russia’s high-ranking officials should buy the stocks of Russian companies to support the domestic equity market, Central Bank Deputy Chairman Sergei Shvetsov said on Thursday, RIA Novosti reported

    ECB leaves refinancing rate at 0.75 percent

    Thursday, April 4th, 2013

    The European Central Bank’s Governing Council decided at its monthly monetary policy meeting Thursday to leave its key refinancing rate unchanged at 0.75%, RIA Novosti reported

    Armenia’s inflation at 2.5% in Jan-Feb, with cis average inflation level at 1.4%

    Thursday, April 4th, 2013

    2.5% inflation is recorded in Armenia in January-February, as compared to the same period of 2012, with an average inflation in CIS being at 1.4%, the CIS Statistical Committee reported

    Asian markets slightly low on Wednesday while Japan soars ahead of BoJ, fxstreet reported

    Thursday, April 4th, 2013

    One day ahead of the BoJ meeting, Japan’s Nikkei Stock Average finally moves higher, jumping by +2.64% before a much expected announcement by new Governor Kuroda that is forecasted not only to engage in a more dovish approach but also to switch to different policy tools

    Dollar falls broadly as U.S. jobs data weighs, Reuters reported

    Thursday, April 4th, 2013

    The dollar fell across the board on Wednesday after a report showed the U.S. private sector created fewer jobs than expected last month