Ukraine
Ukraine’s central bank is increasingly raising the alarm about the limits of its ability to provide cash through directly buying sovereign debt. The central bank
June 24, 2022
Ukraine’s central bank is increasingly raising the alarm about the limits of its ability to provide cash through directly buying sovereign debt. The central bank
On Wednesday, Argentina’s sovereign bonds fell to a record low, as faster inflation swells the government debt burden. Foreign reserves are falling and the peso
On Wednesday, Argentina’s sovereign bonds fell to a record low, as faster inflation swells the government debt burden. Foreign reserves are falling and the peso
Mexico’s central bank increased its key interest rate by 75bps to 7.75% and signaled its willingness to keep boosting rates at the same pace if
The World Bank approved $143mlnn in IDA financing to help Somalia tackle its severe drought and food insecurity conditions.
The IMF urged the central bank of Rwanda to increase its key interest rate to anchor inflation expectations. The IMF forecasts the country’s inflation to
The IMF provided $215.7mln for Senegal after a review of its aid programs for the country. The IMF also approved an increase of $172mln in
The IMF expressed its readiness to start negotiations on a $4bln loan package for Tunisia in the coming weeks. The IMF emphasized the importance of
Egypt’s central bank kept its key interest rate at 11.25%. The central bank signaled that it will temporarily tolerate a higher inflation rate than its
Turkey’s central bank kept its benchmark interest rate constant at 14% for the sixth consecutive month despite the continued surge in inflationary pressures. Turkey’s annual
The IMF concluded its Article IV for Uzbekistan, stating that the country has shown resilience and expects it to continue its growth path, forecasting 3.4%
Georgia’s president used her veto for the first time to express her views against a controversial surveillance bill that is backed by the ruling party.
The US long-range rocket systems arrived in Ukraine, after months of asking. As part of the deal with the US, Ukrainian leaders promised to only
The EU granted Ukraine and Moldova an EU candidate status in a historic step on the long and difficult path to membership.
Russia said that international sanctions on its country have triggered a “force majeure” situation that is forcing it to service its Eurobonds in Rubles to
The World Bank approved a $245mln loan to support India’s efforts to modernize rail freight and logistics infrastructure. The rail logistics project will help India
Indonesia’s central bank kept its benchmark interest rate at a record low of 3.5%. While inflation will likely breach the central bank’s target goal of
Philippine’s central bank increased its key interest rate by 25bps to 2.5%. The central bank raised its inflation outlook for this year to 5%, up