Day: March 20, 2023

Peru

Peru Congress will vote on March 30th on whether to discuss the impeachment of president Dina Boluarte based on allegations of “permanent moral incapacity” following

Costa Rica

Costa Rica plans to issue its first global bond since 2019, following an upgraded credit score by S&P. The government plans to sell USD notes

Bolivia

YPFB, Bolivia state-owned company, plans to save USD 500 mln in fuel purchases by importing crude oil through pipelines previously used for hydrocarbon exports, according

Nigeria

Nigeria central bank has increased the supply of banknotes to end the shortage that has hampered individual and business transactions since January. Despite a court

Kenya

Kenya current-account deficit has narrowed from 5.6% of GDP in the previous year. The central bank’s February bulletin estimated the current account deficit to be

Tanzania

Meanwhile, during her visit to Ghana, Vice President Kamala Harris promised increased investments and assistance with security in the nation. Harris will announce USD 139

Ghana

Ghana central bank unexpectedly raised its benchmark interest rate by 150 bps to 29.5%, the second consecutive rate hike this year. The move aims to

Kazakhstan

As expected out of Kazakhstan, the ruling Amanat party won a majority of seats (53.9%) in parliamentary elections in Kazakhstan earlier this month, official results

Ukraine

The central bank of Ukraine may cut rates earlier than planned if inflation significantly slows down, according to minutes from its mid-March meeting where rates

Russia

President Putin has announced that Russia may deploy tactical nuclear weapons in Belarus, as requested by President Lukashenko, to counter the US’s deployment of such

India

Favorable trade trends are improving India current-account deficit and benefiting the rupee, one of the worst performers in emerging Asia. According to Barclays, the current

China

In March, China economic recovery was mixed, with improvements in business confidence and the housing market but a darkening global outlook amid increased financial market

Turkey

Crude oil prices held steady at around USD 73 per barrel after rising more than 5% in the previous session. The legal dispute that stopped