NAB Business Confidence Index falls in October

Note: This section contains information in English only.
Source: The Sydney Morning Herald
A National Australian Bank's survey showed the operating conditions considerably improved in October, even though the business confidence deteriorated during the same period. The level of the business confidence now stands at 4 against previously reported 5; the lowest level since September of 2013.
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Tue, 11 Nov 2014 12:17:04 GMT

Yen reaches the lowest level in seven years

The Yen dropped to its minimal value in seven years against the US Dollar, as Shinzo Abe is planning to postpone the sales tax increase and the date of election may be drawing near. The Yen depreciated 0.8% against the US Dollar today, reaching the level of 115.83.

Mon, 10 Nov 2014 11:32:05 GMT

Russian central bank downgrades forecast for 2015

Russia's central bank expects there to be no growth next year, on the condition that sanctions are not lifted and the average price of oil stands at $95 per barrel. Also, according to the updated monetary policy blueprint for 2015-2017, the regulator now estimates the inflation will reach 4% in 2017 instead of 2016. So far the Ruble has depreciated

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