Colombia
Colombian exports fell by 2.8% YoY to USD 4.531 mln in May, marking the sixth consecutive decline. This fall is primarily due to reduced shipments
June 15, 2023
Colombian exports fell by 2.8% YoY to USD 4.531 mln in May, marking the sixth consecutive decline. This fall is primarily due to reduced shipments
Bolivia’s senate has approved two loans totaling USD 545 mln from the Inter-American Development Bank (IDB) and the Development Bank of Latin America (CAF). The
South African central bank governor Lesetja Kganyago mentioned that the pain from the country’s high-interest rates would ease as inflation slows, despite persistent price pressures.
The IMF will disburse USD 26.3 mln to Niger after completing its third review. This disbursement under the ECF takes the total since the program’s
The Financial Action Task Force (FATF) has recently acknowledged Mozambique’s significant progress in preventing and combating money laundering and terrorism financing since its addition to
Kenyan opposition leader Raila Odinga has called for nationwide demonstrations on July 7 to protest president William Ruto’s “Finance Bill 2023”. The bill’s disapproval and
A consortium led by commodity trader Trafigura Group plans to invest up to USD 555 mln in a railway project connecting the Angolan port of
The IMF has approved the sixth review of Jordan’s program supported by the EFF, granting an immediate disbursement of USD 32 mln, bringing the total
Kazakhstan’s central bank maintained its benchmark interest rate at 16.75% as anticipated, stating it would contemplate a rate reduction at the subsequent meeting in August.
Ukraine’s president asserted that Russia had placed “objects resembling explosives” atop the buildings of the Zaporizhia nuclear power plant, the largest in Europe. President Zelensky
Sri Lanka’s central bank lowered its benchmark deposit facility rate by 200 bps to 11.0%, following a faster-than-anticipated disinflation process and positive inflation expectations in
The Philippine central bank mentioned that it will publish an overnight rate on its website that can serve as a market reference with the global
The IMF Executive Board is set to consider a USD 3 bln loan program for Pakistan in a meeting scheduled for July 12. Pakistan received
The offshore Chinese yuan weakened past 7.23 per USD after data showed slowing Chinese services activity in June, raising concerns about the country’s post-pandemic recovery.