European insurance offices ready for presence in Iran market

February 3, 2016 by · Comments Off on European insurance offices ready for presence in Iran market 

TEHRAN, Feb. 3 — Head of the Central Bank of Iran Mohammad-Ebrahim Amin said on Tuesday that European insurance houses are ready to be present in Iranian market.

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Iranian gov't unveils six-month economic recovery package

October 19, 2015 by · Comments Off on Iranian gov't unveils six-month economic recovery package 

TEHRAN, Oct. 18 — Head of the State Management and Planning Organization (MPO), Mohammad-Baqer Nobakht, on Saturday unveiled a six-month package to stimulate the Iranian economy from recession.

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Roundup: Cypriot banks not in danger of contagion from possible Greek banking crisis

July 3, 2015 by · Comments Off on Roundup: Cypriot banks not in danger of contagion from possible Greek banking crisis 

NICOSIA, July 3 — Cyprus' authorities offered a strong assurance on Thursday that the restructured banks of the eastern Mediterranean island are not in risk of contagion from a crisis in the Greek banking system.

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Russia upgrades trade balance surplus forecast for 2015 to USD 187B

June 16, 2015 by · Comments Off on Russia upgrades trade balance surplus forecast for 2015 to USD 187B 

MOSCOW, June 16 — Russia’s Central Bank has upgraded its forecast on trade balance surplus forecast for 2015 from USD 141 billion to USd 187 billion, the regulator said in its monetary policy report on Monday.

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Sri Lanka's tourism earnings grow 6.6%

March 27, 2015 by · Comments Off on Sri Lanka's tourism earnings grow 6.6% 

COLOMBO, March 25 — Sri Lanka's tourism earnings kicked off the year with moderate 6.6 percent growth posting USD 248.7 million in January 2015 from USD 233.3 million in the same period last year, official data released by the Central Bank said here on Wednesday.

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Yemen loses $ 1 bln oil revenues in 2014

February 23, 2015 by · Comments Off on Yemen loses $ 1 bln oil revenues in 2014 

SANA'A, Feb. 22 –- Yemen lost nearly one billion dollars of its oil revenues over the past year 2014, compared to 2013, according to an official report.

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Eurozone business investment rate nearly stable in Q3 of 2014

January 29, 2015 by · Comments Off on Eurozone business investment rate nearly stable in Q3 of 2014 

BRUSSELS, Jan. 28 — The eurozone business investment rate reached 21.7 percent in the third quarter (Q3) of 2014, nearly stable compared with the previous quarter, the statistical office of the European Union (EU) Eurostat and the European Central Bank (ECB) said on Wednesday.

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Turkey inflation to reach lowest level in 45 years: official

January 28, 2015 by · Comments Off on Turkey inflation to reach lowest level in 45 years: official 

ANKARA, Jan. 28 — Erdem Basci, governor of the Turkish Central Bank, said Tuesday that inflation could drop to its lowest level in 45 years by end of the year.

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China's yuan falls to lowest point in 7 months

January 27, 2015 by · Comments Off on China's yuan falls to lowest point in 7 months 

BEIJING, Jan. 27 — China's yuan slumped for a second trading day on Monday, hitting the lowest level since June 2014.

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U.S. dollar gains more ground on Albanian lek

January 26, 2015 by · Comments Off on U.S. dollar gains more ground on Albanian lek 

TIRANA, Jan. 26 — The U.S. dollar rose to a 12-year-high of over 124 leks, the currency of Albania, according to the official exchange rate of the Bank of Albania.

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