Tag Archives: average

Azerbaijan government forecasting average annual inflation of up to 2.5% in 2015-2018

BAKU. Nov 6 (Interfax) – The government of Azerbaijan is forecasting average annual inflation in the republic at up to 2.5% in 2015-2018, the government told Interfax. In 2014, average annual inflation will be 2.3%. In 2013 it was 2.4%. … Continue reading

Posted in General | Tagged , , , , , , , , , | Comments Off

Azerbaijan’s state budget deficit forecast at around 2.8% of GDP in 2015

BAKU. Oct 14 (Interfax) – Azerbaijan’s draft budget for 2015 envisages a deficit of 1.66 billion manat, or 2.77% of GDP, the Finance Ministry said on its website. The draft budget projects revenue of 19.44 billion manat in 2015, up … Continue reading

Posted in General | Tagged , , , , , , , , , | Comments Off

Armenian govt approves 2015 budget with 2.3% of GDP deficit

YEREVAN. Sept 25 (Interfax) – The Armenian government on Thursday approved a 2015 budget draft with real GDP growth of 4.1% and a budget deficit of 114.1 billion dram, or 2.34% of GDP. First Deputy Finance Minister Pavel Safaryan presented … Continue reading

Posted in General | Tagged , , , , , , , , , , , , , , | Comments Off

Highland Gold H1 EBITDA plummets 24% to $48.4 mln (Part 3)

MOSCOW. Sept 23 (Interfax) – Highland Gold Mining plc (HGM) saw its earnings before taxes, depreciation and amortization (EBITDA) plummet 23.6% year-on-year in H1 2014 to $48.4 million, the company said in a statement. Sales revenue to International Financial Reporting … Continue reading

Posted in General | Tagged , , , , , , , , , , , | Comments Off

Georgia boosts industrial output 12.5% in H1

TBILISI. Sept 4 (Interfax) – Georgian industrial output grew 12.5% year-on-year in January-June 2014 to 3.468 billion lari ($1.993 billion at the current exchange rate), the National Statistics Service reported. In Q2 2014 industrial production was 1.811 billion lari, which … Continue reading

Posted in General | Tagged , , , , , , , , , , , , , , | Comments Off

Russian rail loading down 1.6% in August – source (Part 2)

MOSCOW. Sept 1 (Interfax) – Average daily rail loading in Russia was 3.4136 million tonnes in August, a source familiar with Russian Railways (RZD) (MOEX: RZHD) operations told Interfax Total rail loading in the month was 105.8 million tonnes, down … Continue reading

Posted in General | Tagged , , , , , , , , , , , | Comments Off

MOEK sees RAS net loss grow 175% in H1 to 2.2 bln rubles (Part 2)

OJSC Moscow Integrated Power Company (MOEK) (MOEX: MOEK) saw net loss to Russian Accounting Standards (RAS) increase 175% year-on-year in January-June 2014 to 2.21 billion rubles, the company said in a report. Revenue declined 7.6% to 59.7 billion rubles, while … Continue reading

Posted in General | Tagged , , , , , , , , , , , | Comments Off

Russian Gold Producers Union sees gold price averaging $1450 in 2014

MOSCOW. July 24 (Interfax) – The Russian Union of Gold Producers is forecasting that the average gold price in 2014 will be $1,450 per ounce and that Russia will produce 275 tonnes of the precious metal. The gold fixing in … Continue reading

Posted in General | Tagged , , , , , , , , , , | Comments Off

Bashneft ups oil production 11.5% in Q2, 9.3% in H1

MOSCOW. July 23 (Interfax) – Bashneft (MOEX: BANE) produced 4.374 million tonnes of oil in the second quarter of 2014, 11.5% more than in the same period last year, the company said in a press release. Average daily production reached … Continue reading

Posted in General | Tagged , , , , , | Comments Off

Moscow interbank Ruonia rate and volume of the transactions used to calculate the rate

Date Ruonia rate, % Transactions, RUR bln. 08.07.14 7.47 93.8 07.07.14 7.73 128.32 04.07.14 7.24 147.59 03.07.14 7.36 123.93 02.07.14 7.96 108.9 Ruonia (Ruble OverNight Index Average) is an indicative weighted average deposit rate reflecting cost of unsecured lending transactions … Continue reading

Posted in Banking Sector Russia | Tagged , , , , , , , , , , , , | Comments Off