Guatemala
Moody’s raised its raised its outlook on Guatemala to stable from negative and affirmed the country’s ratings at ‘Ba1’. Moody’s said the outlook change reflects
June 20, 2022
Moody’s raised its raised its outlook on Guatemala to stable from negative and affirmed the country’s ratings at ‘Ba1’. Moody’s said the outlook change reflects
Peru’s central bank ruled out aggressive interest rate hikes to fight the rising inflation in the country, even as the Fed steps up the pace
The central bank of Mexico is expected to increase its benchmark rate on June 23 by 75bps to 7.75% and signals additional hikes. The central
Zimbabwe’s public servants have rejected an offer for a 100% pay increase from the government where inflation surged to 132% last month. Zimbabwe’s annual inflation rate jumped
Kenya’s dollar bonds are the worst performers in Africa after the nation cancelled plans to raise $1bln in Eurobonds. Yields on Kenya’s $2bln of Eurobonds
The world Bank estimates Morocco’s GDP to slow down significantly in the coming months. The country’s GDP is expected to be at 1.1% this year,
Fitch affirmed Kazakhstan’s rating at ‘BBB’, as outlook remains stable. Meanwhile, Kazakhstan’s central bank said that the country’s lenders have accumulated between 25bln to 35bln
The central bank of Azerbaijan kept its refi rate unchanged at 7.75%. The relative strength of the Manat since the start of the year (bolstered
The EU recommended putting Ukraine on a path to EU membership on Friday, a largely symbolic boost for the country, and the same was said
The war in Ukraine “could last for years”, those are the words of NATO secretary general Stoltenberg, which were echoed by UK PM Johnson who
Malaysia exports increased by 30.5% to $27.3bln in May, as shipments to major markets recorded double-digit growth. Meanwhile, Malaysia’s trade performance in May remained resilient,
Sri Lanka’s economic activity is coming to a near standstill as the nation, facing its worst financial crisis, is running out of fuel for transport
Biden’s administration rejected China’s assertion that the Taiwan Strait is not ‘international waters’ and is increasingly concerned that the stance could result in more frequent
China’s policy package, which is aimed at steering the economy back on track, is starting to pay off. With the COVID-19 impact wearing thin, major
India and the EU will relaunch the first round of formal free trade negotiations on June 27 after a gap of nine years, that aim