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
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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, 2013Russian Central Bank executive urges high-level officials to buy russian securities
Thursday, April 4th, 2013Russia’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, 2013The 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, 20132.5% 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, 2013One 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, 2013The dollar fell across the board on Wednesday after a report showed the U.S. private sector created fewer jobs than expected last month
