Ford drives hike in car production in Romania
1 day ago
The volume of Russia’s gross international reserves (gold and currency) fell by $7.002bn to $390.741bn in October 2016, or 1.8%, from $397.743bn a month earlier, according to the Central Bank of Russia (CBR).
In January-October 2016, the reserves increased by $22.342bn, or 6.1%, from $368.399bn as of January 1.
The value of the gold reserves fell by $1.081bn, or 1.7%, to $64.431bn, while its share remained at a record level of 16.5% in reserves in October.
The volume of foreign currency liquidity held by resident banks at the CBR in October decreased by $0.702bn to $9.202bn in January-October 2016.
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Data
Ford drives hike in car production in Romania
Romania’s automobile production increased by 7% y/y to more than 150,000 units in Q1.
Akbank launches spring syndicated loan renewals season for Turkish banks at better costs
Benefits of Turkey’s so-called economic normalisation policy clearly observed in external debt rollovers.
Ukraine's birth rate plummets to 300-year low as country’s population collapses
Ukraine’s population collapsed to 29mn souls last year, according to Ukraine Business News, with just 187,000 births recorded (including in Russian-occupied territories). This is the lowest annual figure in recorded history over the last 300 years.
Russia’s $13.4bn current account surplus in March second highest since 2007
Russia posted a $13.4bn current account surplus in March, more than double February’s $5.5bn and the second highest level for a March since 2007.
Automotive sector output in Hungary edges up 1.6% y/y in February
Headline industrial output rose 1.8% in February, increasing for the first month in about a year.
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