YEREVAN, March 28. /ARKA/. 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.

Arthur Javadyan, chairman of the central bank, said in an interview with Reuters that in order to spur inflation and consumer demand, the central bank started cutting its key interest rate in August 2015.

It trimmed the key rate again on Feb. 15, bringing it to 6 percent compared with 10.50 percent at the start of the easing cycle.

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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

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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

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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

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YEREVAN, August 2. /ARKA/. Moody’s Investors Service upgraded Greece’s government bond rating to Caa1 from Caa3, citing the progress in implementing structural reforms. The outlook on the rating is stable. The ratings agency said Greece’s short-term debt rating is unaffected and remains “Not Prime”. Moody’s said it expects the general government debt-to-GDP ratio to decline […]

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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

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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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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

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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

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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

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