Colombia
Colombia’s inflation rate slowed for the third consecutive month to 12.13% YoY in June, down from 12.36% in May, mainly due to the slowest rise
June 21, 2023
Colombia’s inflation rate slowed for the third consecutive month to 12.13% YoY in June, down from 12.36% in May, mainly due to the slowest rise
Bolivia’s annual inflation rate declined to 2.73% in June from 2.9% in May. Monthly, consumer prices rose by 0.22%, compared to May’s 0.57% rise. In
Namibia’s annual inflation rate dropped to 5.3% in June, the lowest level since March of the previous year, from 6.3% in May, mainly driven by
French ambassador to Ethiopia stated that external creditors are awaiting a debt sustainability assessment from the IMF before advancing with debt restructuring. France and China’s
Egypt’s PM announced that the country signed contracts worth USD 1.9 bln with private companies as part of a program to sell state assets. Of
DR Congo’s currency continues to depreciate due to pre-election spending, security issues, and lower-than-projected revenues influencing the exchange rate with the USD. The Congolese franc
Iraq has inked a USD 27 bln contract with France’s TotalEnergies, aimed at mitigating the country’s chronic electricity issues, attracting international investment, and reducing dependence
Serbia’s FX reserves reached a record high of EUR 22.5 bln at the end of June, as reported by the central bank. During the month,
Moldova’s inflation continued its deceleration trend, rising by 13.2% YoY in June, down from 16.3% in May. The primary inflation drivers in June were food
Ukrainian president Zelensky delivered a straightforward response to NATO’s plan for Ukraine’s accession, branding it as “absurd.” Zelensky also said, “It’s unprecedented and absurd when
Fitch affirmed Thailand’s rating at BBB+ with a stable outlook, citing the country’s robust external finances and macroeconomic policy framework. Though political uncertainty continues to
Indonesia has almost halved its sovereign bond issuance goal for 2023 due to robust tax collections and cash reserves, which reduce the need to borrow
According to Pakistan’s finance minister, Ishaq Dar, the central bank has received a USD 2 bln deposit from Saudi Arabia. Saudi Arabia had earlier pledged
China’s USD 12 mln credit market is experiencing increasing pressure as onshore defaults mount, mainly due to concerns about the property sector. According to Bloomberg’s
Moody’s mentioned that it is unclear whether Bangladesh truly allowed the taka to float freely, as promised. That comes after the Bangladesh FX Dealers’ Association