Peru
Peru’s trade surplus widened to USD 880.8 mln in May, up from USD 550.8 mln a year earlier. Comparing the first five months of the
June 26, 2023
Peru’s trade surplus widened to USD 880.8 mln in May, up from USD 550.8 mln a year earlier. Comparing the first five months of the
The Dominican Republic’s annual inflation fell to 4.0% in June, down from 4.4% the previous month. This decrease, marking the lowest rate since June 2020,
China has ramped up lithium extraction and mining investments in Bolivia, with USD 400 mln in additional investments announced on June 18. Also, China’s Eximbank
The IMF approved a USD 189 mln payment to Zambia, as the country negotiated a debt restructuring deal with official creditors, including China. Zambia’s performance
Amid surging prices, Nigeria announced a state of emergency to enhance food security and supply. Measures include clearing forests for farmland to boost agricultural production
According to Morocco’s finance ministry, inflation is projected to drop due to monetary tightening that doubled interest rates. Predicted rates are 5.6% in 2023 and
Ghana intends to offer lower interest rates on approximately USD 1.5 bln of domestic debt, a condition of an IMF bailout program. That includes exchanging
Benin is the first African country to secure a multilateral lender-guaranteed loan to bolster its sustainable development objectives, responding to challenging financing conditions. It plans
The US’s DFC plans to invest USD 750 mln in African projects, following a December pledge to invest USD 55 bln in Africa over three
Angola’s central bank maintained its benchmark interest rate at 17.0%. Policymakers are focusing on supporting the economy and managing high inflation concerns. The bank revised
Fitch affirmed Georgia’s BB rating, maintaining a positive outlook. The agency highlighted the strong inflow of FDI into the country, nearly 6% annually in Q1
Armenia and Azerbaijan engaged in another round of EU-mediated peace talks in Brussels on Saturday, facilitated by EC president Charles Michel. The discussions occur amid
The Ukrainian Black Sea safe-transit deal, which facilitated the export of millions of tons of grain over the past year, is set to expire today.
South Korean president Yoon Suk Yeol promised a “comprehensive package” for Ukraine following his Saturday meeting with president Zelensky. The package will include aid for
Russian Wagner mercenaries have appeared in Belarus, taking on the role of military instructors. This event marks the first official sign of the group’s presence
Vietnam’s PM urged the central bank to take decisive steps to lower average lending rates and guide credit toward growth sectors. He criticized current credit
Indonesia’s trade surplus shrank to USD 3.46 bln in June from 5.15 bln in the same month a year earlier. Exports declined by 21.18% YoY
India and the UAE have consented to use local currencies for cross-border transactions, an initiative by Indian PM Modi to globalize the rupee, positioning India
The USD index (DXY) remains below 100 following last week’s over 2% drop, reaching a 15-month low. Separately, US treasury secretary Janet Yellen suggested that