Brazil
Fitch revised Brazil’s outlook to stable from negative and affirmed the country’s rating at ‘BB-‘. The change in outlook reflects the better-than-expected public finances amid
July 20, 2022
Fitch revised Brazil’s outlook to stable from negative and affirmed the country’s rating at ‘BB-‘. The change in outlook reflects the better-than-expected public finances amid
The IMF approved a $1.05bln ECF loan package to assist Tanzania’s economic recovery and support structural reforms against the backdrop of rising prices and uncertainty
Nigeria’s central bank raised its benchmark interest rate by 100bps to 14% to curb accelerating inflation that quickened to more than a 5-year high of
The IMF approved to disburse a $235.6mln loan package to Kenya as the country met the fund’s target and made progress in addressing debt vulnerabilities.
Ghana’s annual inflation rate accelerated to 29.8% in June from 27.6% in May, the highest reading since 2003. In May, the nation’s central bank increased
The US will provide $1.45bln a year in bilateral assistance to Jordan from next through 2029. The aid will address the nation’s financial needs, support
Mongolia’s trade surplus grew nearly 300% in June to $413.7mln, as exports increased sharply by 60%, and especially gold exports increased by 136%. The current account
On Tuesday, Ukraine raised nearly 2.9bln Ukrainian hryvnias ($100mln) in war bonds, down from 8bln Ukrainian hryvnia last week, even as the country increased the
According to insiders, Russia is poised to restart gas exports through its Nord Stream 1 pipeline to Germany on Thursday at reduced capacity. Barclays’ research
Sri Lanka’s main opposition leader Sajith Premadasa has withdrawn his candidacy from the presidential elections and offered his support for a candidate backed by the
Myanmar’s central bank ordered companies with up to 35% foreign ownership to convert foreign exchange into local currency. The bank’s deputy governor sent a letter to
China’s central bank held its one-year loan prime rate at 3.7% and the five-year rate, a reference for mortgages, at 4.45%, in line with market