Peru
Peru’s economy expanded 1.41% YoY in July from 3.42% in June, mainly driven by the slowdown in the country’s key mining sector, which accounts for
September 16, 2022
Peru’s economy expanded 1.41% YoY in July from 3.42% in June, mainly driven by the slowdown in the country’s key mining sector, which accounts for
Argentina raised its benchmark interest rate by 550 bps to 75% after consumer prices surged 78.5% YoY in August, the fastest pace in 30 years.
Zambia’s bondholders have criticized the IMF’s debt restructuring framework as ‘arbitrary’ and for its exclusion of the country’s domestic debt. The IMF called for the
The South African rand depreciated past the 17.5 per USD mark, trading at levels not seen since August 2020. The rand has been tracking the
Namibia’s annual inflation rate surged to 7.3% in August from 6.8% in July, reaching the highest rate since February 2018. Separately, Nigeria’s annual inflation rate
Russia’s supreme court ruled to designate a banned opposition party from Tajikistan as a terrorist organization. The development is a triumph for president Rahmon, who
Serbia is contemplating a new deal with the IMF next month that would involve drawing funds as this is largely seen as a cheaper option
According to a statement on the Chinese foreign ministry website, president Xi Jinping supports the expansion of local currency settlement size among China, Russia, and
EC president Von der Leyen called on allies to provide Ukraine with all the military aid it is asking to press back against Russia’s invasion,
Moody’s affirmed Philippine’s rating at baa2 with a stable outlook. The agency mentioned that challenging global credit conditions will not derail the country’s ongoing recovery
Pakistan’s USD bonds are failing to rebound after the nation resumed its deal with the IMF as devastating floods drag on the nation’s economic outlook.
Bangladesh loosened its grip on its currency and allowed the taka to weaken by 11% this week to a record low of 10.69 per USD
China’s central bank drained liquidity from the banking system for a second straight month while leaving its one-year medium-term lending facility rate at 2.75% as