India
{NSN REE1BXDWX2PS } India rupee fall exodus
July 1, 2022
{NSN REE1BXDWX2PS } India rupee fall exodus
Colombia’s central bank increased its interest rate by 150bps to 7.5%, the largest interest rate hike since the bank implemented its inflation-targeting strategy in 1999.
Guatemala’s central bank raised its interest rate by 25bps to 2.25%. The central bank projects inflation at 5.25% by year-end, above the bank’s target range
Zimbabwe’s central bank announced that it will introduce gold coins into the market as an instrument that will enable investors to store value. The gold
The IMF will disburse $203mln from its $1.5bln three-year loan package to DR Congo as it welcomed the country’s government’s economic reforms. The IMF said
Kenya’s annual inflation rate accelerated to 7.9% in June from 7.1% in May, exceeding the ceiling of the central bank’s target range for the first
The IMF will disburse $183mln from its $1.29bln four-year loan package to Jordan to support the country’s financing needs from higher international commodity prices and
North Macedonia’s government approved the issuance of state guarantees for two loans worth $199mln from the EBRD. The loans will be used for the construction
Ukraine’s government is exploring the possibility of debt restructuring as the war-ravaged country’s funding options are at risk of running out. The country’s policymakers are
Russia’s central bank decided to significantly increase its limit on transfers of foreign exchange to accounts abroad. Russian citizens will be allowed to transfer up
Russia withdrew its troops from Ukraine’s snake island in the strategic Black Sea, a major victory for Ukraine that could loosen the grip of Russia’s
India’s fiscal deficit expanded sharply to 12.3% of the government’s estimate for FY22, compared with 8.2% in the same period last year. Meanwhile, Goldman Sachs
Bangladesh’s central bank raised its benchmark rate by 50bps to 5.50%, its second hike in a month. The country’s annual inflation rate surged to 7.42%
The World Bank approved a $1.03bln loan package to support infrastructure projects in Bangladesh and Nepal. Out of the $1.03bln, $753mln will be provided to
In local data prints, Vietnam’s GDP growth expanded 7.72% YoY in Q2 2022, beating the government’s 6% to 6.5% target. Exports rose 21% from the