Guatemala
For the first time in nearly a year, Guatemala entered the global markets, seeking to capitalize on recent credit-rating upgrades. The nation priced USD 1
May 16, 2023
For the first time in nearly a year, Guatemala entered the global markets, seeking to capitalize on recent credit-rating upgrades. The nation priced USD 1
Colombia manufacturing PMI registered a decrease, dropping to 49.9 from a seven-month peak of 52.6 in April, ending a two-month growth period. Consequently, employment reduced
The Bolivian central bank reported a drop in dollar demand in recent weeks following the bank’s injection of USD 650 mln from February through May.
South Africa economy grew by 0.4% in Q1 2023, bouncing back from a downwardly revised 1.1% decrease in the previous quarter and managing to sidestep
In March 2023, Nigeria reported a trade surplus of 908.5 bln naira, marking a significant turn-around from a deficit of 617.1 bln during the same
Kenya has secured a commercial loan of USD 500 mln from international banks. Initially, the government had requested USD 600 mln but received USD 500
In the central city of Huambo in Angola, violent protests and clashes between taxi drivers and police following a government decision to cut gasoline subsidies
Demand for USD at the FX auction organized by Azerbaijan central bank dropped to USD 8.6 mln on Tuesday, a decrease from USD 14.1 mln
Meanwhile, Several of Ukraine’s European neighbors, including Poland, Slovakia, Hungary, Romania, and Bulgaria, have extended a ban on purchasing certain grains from Ukraine until mid-September.
Ukraine FX reserves rose 4% to USD 37.3 bln in May, the highest level since August 2011, primarily fueled by foreign aid, with the government
Thailand annual inflation rate decelerated sharply to 0.53% in May, down from 2.67% in the previous month and well below market forecasts of 1.70%, the
The Philippines’ annual inflation rate fell to 6.1% in May, down from 6.6% the previous month, the lowest since June 2022. Core inflation also fell
Pakistan USD bonds and stocks have experienced an upward trend due to growing optimism about the potential resumption of its USD 6.7 bln bailout program
Chinese exports fell for the first time in three months in May, posing additional risks to the world’s second-largest economy as global demand weakens. Overseas