Day: April 13, 2023

Peru

Peru annual inflation rose 7.97% YoY in April, above expectations but decelerating below 8% for the first time in a year. Monthly, inflation rose by

Georgia

Paraguay bonds saw a significant boost on Monday following the victory of the conservative party’s candidate, Santiago Pena, in the presidential election. Pena pledged to

Bolivia

Experts indicated that the sale of the gold reserves of Bolivia central bank goes against the global trend of acquiring such assets, with only six

Ghana

Ghana central bank signed a “zero financing” agreement with the country’s Ministry of Finance last week, according to the FT. The agreement will take effect

Africa

Plans to introduce a new regional currency in West Africa have been delayed to the economic damage caused by Russia’s invasion of Ukraine and the

Morocco

Fitch affirmed Morocco’s rating at BB+ with a stable outlook, citing a history of sound macroeconomic policies, a supportive institutional framework that has helped the

Ghana

Ghana central bank signed a “zero financing” agreement with the country’s Ministry of Finance last week, according to the FT. The agreement will take effect

Uzbekistan

Uzbekistan held a constitutional referendum over the weekend that could enable sitting president Mirziyoev to remain in power until 2040. With 90% of voters approving

Georgia

The European Court of Human Rights has ordered Russia to pay EUR 130 mln to Georgia as compensation for the crimes committed during the war

Russia

More than thirty people were wounded, and dozens of homes were damaged in Pavlohrad, a city in southeastern Ukraine, after Russian missile strikes knocked out

Russia

The Central Bank of Russia (CBR) kept its interest rates on hold at 7.5% on Friday, as expected by the market.

India

India manufacturing PMI rose to 57.2 in April, beating market forecasts of 55.8, with output and new orders growing the most in four months. Input

China

IMF Chief Georgieva mentioned that China stance on participating in debt restructuring appears to be shifting following increasing pressure from countries struggling to pay their