Peru
Peru’s central bank held its benchmark interest rate at 7.75%. The bank stated that this pause doesn’t necessarily mean the end of its monetary tightening
June 23, 2023
Peru’s central bank held its benchmark interest rate at 7.75%. The bank stated that this pause doesn’t necessarily mean the end of its monetary tightening
Paraguay reported a trade deficit of USD 368.9 mln in June, widening from a shortfall of USD 337.4 mln in the same month of the
Fitch affirmed Lesotho’s rating (IDR) at B with a Stable Outlook, citing Lesotho’s favorable external debt profile, sustained support from bilateral and multilateral lenders, and
Ethiopia’s annual inflation rate eased for the third consecutive month to 29.3% in June 2023, the lowest level since July 2021, compared to 30.8% in
The EBRD has approved USD 532 mln in funding for Egypt’s private sector, with an additional USD 100 mln for Banque Misr to enhance financing
Angola’s inflation climbed to a four-month high of 11.25% YoY in June following the government’s decision to cease defending the national currency, the kwanza, and
Contrary to expectations, Serbia’s central bank increased rates by 25 bps to 6.50%. This hike came as a surprise because inflation had recently been slowing.
In CIS data, Georgia’s trade deficit shrank to USD 668.4 mln in June, with May’s numbers revised to reflect a surplus of USD 679 mln.
Russia has committed to reducing crude oil shipments by 500k barrels per day starting next month, signifying a gesture of unity with Saudi Arabia, an
Thailand’s Pita Limjaroenrat did not secure enough votes to take on the role and end the country’s decade-long military-backed rule. Limjaroenrat garnered 316 votes, falling
Pakistan’s PM Shehbaz Sharif announced his intention to transfer power to a caretaker government in August, putting an end to speculation about his administration’s intent
India is considering a ban on the exports of most rice varieties, reportedly due to rising domestic prices and a desire to curb inflation. The
China’s exports dropped by 12.4% in USD terms YoY in June, marking the second consecutive month of decline and the highest drop since early 2020,
Bangladesh’s FX reserves, calculated following the IMF guidelines, amounted to USD 23.57 bln, a figure 21% less than the nearly USD 30 bln previously calculated