Monday 30 March 2009

FEDERATION OF EURO ASIAN STOCK EXCHANGES Newsletter March 2009 (PDF)

· ADX: Abu Dhabi Securities Exchange (ADX) announced today it will, for the first time, be hosting the Annual General Assembly for the South Asian Federation of Exchanges (SAFE), on 11 March 2009.
· ARMENIA: The Executive Board of the International Monetary Fund (IMF) today approved a 28-month SDR 368 million (about US$540 million) Stand-By Arrangement for Armenia
· BBVB: Baku Interbank Currency Exchange will from March 5 begin trading the EUR/AZN_SWAP
· BELARUS: On 13 March 2009, Belarusbank received the status of WSE IPO Parnter and was approved into the programme aimed to attract foreign companies to the Warsaw Stock Exchange.
· BOSNIA AND HERZIGOVINA: Bosnia’s 2 regions agreed to seek financial assistance from the IMF in covering budget shortfalls.
· EGX: the Egyptian Exchange (EGX) is launching a new price index
· IMF: Growth in the resource-rich Caucasus and Central Asia (CCA) is projected to slow to under 2 percent in 2009 from 6 percent in 2008
· MSM: The Areej Vegetable Oils and Deriv announced 33.3% bonus share.
· MONGOLIA: Mongolian Parliement accepted the USD 1.1 billion economical support package plan.
· NASDAQ OMX: Nasdaq Omx Inc.is pushing ahead with plans for an exchange in St.Petersburg, Russia
· ROMANIA: An IMF mission, led by Mr. Jeffrey Franks, will visit Bucharest during March 11-25, following up on the ongoing economic dialogue with the Romanian authorities.
· TURKEY: American strategist George Friedman, stated that the only source that Turkey is lacking is the force management politics .
· UKRAINE: Ukraine’s Naftogaz paid its February bill for Russian gas

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