The Dominican Republic
The Central Bank of the Dominican Republic announced that remittances received during the first five months of 2023 hit USD 4.173 bln, marking a 2.9%
May 24, 2023
The Central Bank of the Dominican Republic announced that remittances received during the first five months of 2023 hit USD 4.173 bln, marking a 2.9%
Costa Rica central bank lowered its benchmark interest rate by 50 bps to 7.0%. That marks the third reduction since March, accumulating a total decrease
Zambia creditors are nearing an agreement on a long-overdue debt restructuring deal that would facilitate the IMF to release a USD 188 mln disbursement to
Tunisia is developing an alternative proposal to the IMF after president Kais Saied refused the terms of a USD 1.9 bln loan agreement brokered last
The Nigerian naira plunged to a record low of 600 per USD following a 30% devaluation by the central bank, leading to a shift towards
Namibia central bank raised its key lending rate by 50 bps to 7.75%, setting borrowing costs at their highest since April 2019. That follows two
As part of its 2021-2025 Climate Change Action Plan, the World Bank’s IDA will provide a USD 150 mln package to Mali. The initiative aims
Ghana annual inflation rate increased to 42.2% in May, up from 41.2% in the previous month, ending a four-month streak of slowing inflation, mainly driven
Armenia central bank has upgraded its 2023 growth forecast from 5.8% to 6.9% due to stronger-than-anticipated growth in services and construction sectors. The revised forecasts
Ukraine reported a trade deficit of USD 1.637 mln in April, compared to a USD 0.031 mln surplus in the same period the previous year,
Russia is increasing its lobbying efforts to evade new financial restrictions against money-laundering, which may isolate its economy further due to the ongoing war in
Thailand’s central bank will prioritize the outlook on inflation and economic growth over recent data while determining the key interest rate, says a central bank
After months of appreciation, the Sri Lankan rupee depreciated against the USD. The buying rate stood at 303.19 rupees per dollar, while the selling rate