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(14.02.2011 11:34)
The International Monetary Fund may furnish for Moldova a next tranche from its US$574-million credit that has been agreed upon in the 2010-2012 financing program, Nikolai Gueorguiev, Head of the IMF assessment mission working in Moldova these days, said during his meeting with local journalists writing economy and finance.He said that a review of the mission's work results will be presented at a farewell news conference next week, but he nevertheless told the eager journalists some interesting figures and observations.For instance, Nikolai Gueorguiev said that the 3rd tranche will be in the amount of 50 million Special Drawing Rights (SDR), of which sum 15 million will go directly to the Government and 35 million will replenish the National Bank's hard-currency reserves.Concerning the NBM reserves, the mission leader said the International Monetary Fund recommends the marker regulator to build up its reserves that will help the country remain afloat in case of a crisis, and thus to become less vulnerable to external shocks.
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1.3240/45 next resistance
(28.01.2012 0:31)
38.2% retracement of the slide from near 1.4250 to 1.2625 comes in at 1.3244
That 1.4250 was the blow-off high from the last short-squeeze from hell back in October, it should be noted.
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Oil prices rise over sanctions on Iran (
24.01.2012 10:02 )
An Iranian soldier during a military exercise in the Strait of Hormuz. Photo: REUTERS
By
Emily Gosden
1:19AM GMT 24 Jan 2012
Comments
Foreign ministers for the 27-nation European bloc agreed to ban all new
contracts to import, buy or transport Iranian crude with immediate effect,
in an attempt to halt Iran's nuclear programme.
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Gold and Silver Surprise Rally (
27.01.2012 21:20 )
Commodities / Gold and Silver 2012
Gold and Silver Surprise Rally
At the end of 2011, Merkel and Sarkozy got together for an unusual emergency meeting. They pledged to come up with economic salvation.
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