Georgia
In April, Paraguay consumer prices entered the central bank’s 2%-6% target range for the first time since August 2021, as fuel prices dropped and food
April 18, 2023
In April, Paraguay consumer prices entered the central bank’s 2%-6% target range for the first time since August 2021, as fuel prices dropped and food
Costa Rica’s GDP rose 4.0% YoY in the first quarter 2023, up from 3.8% growth in the fourth quarter of 2022. The country’s central bank
Brazil central bank maintained its interest rate at 13.75% for the sixth consecutive meeting, despite president Lula da Silva’s calls for looser monetary policy. Annual
The Stanbic Bank Zambia PMI stood at 48.7 in April, marking a second consecutive month of contraction but easing from the previous month’s 46.9. The
The South African rand traded around 18.2 against the USD, near its two-month high, as the Fed hinted at pausing rate hikes. The South African
IMF staff and Sierra Leonean authorities agreed on policies to conclude the sixth and seventh reviews of the ECF-supported program, allowing for USD 21 mln
Nigeria debt is set to rise 50% after lawmakers approved president Buhari’s request to convert USD 49 bln in central bank loans into bonds. This
Yields on Kenya Eurobonds eased after IMF chief Georgieva noted that she is impressed by the economic programs in the country and said she is
Uzbekistan central bank maintained rates at 14% as inflation slowed in recent months, with March and April registering 11.7% and 11% YoY, respectively. The decline
The EU is considering a new sanctions mechanism targeting third countries deemed insufficient in preventing Russia from evading sanctions, including Kazakhstan and Central Asian nations.
Ukraine FX reserves reached an 11-year high in April, increasing 13% MoM, primarily due to foreign aid inflows and reduced central bank intervention in the
Ukrainian president Zelensky delivered a speech at the ICC in The Hague during an unannounced visit to the Netherlands. He accused Russia of over 6,000
Foreign investors shed USD 107.8 mln worth of Vietnamese shares on a net basis in April, the biggest monthly selling since September, as concerns over
Negotiations between Russia and India over using rupees for trade have been suspended, as Moscow is hesitant to hold the Indian currency, according to Reuters.