Colombia
Colombia’s trade deficit significantly contracted to USD 0.9 bln YoY in May from USD 2.1 bln in the previous year. Imports fell by 20.4% due
June 29, 2023
Colombia’s trade deficit significantly contracted to USD 0.9 bln YoY in May from USD 2.1 bln in the previous year. Imports fell by 20.4% due
Bolivia’s central bank, BCB, reported a positive FDI inflow of USD 60 mln in the first quarter of 2023. The bank continues with its positive
Argentine president Alberto Fernandez cautioned against a severe devaluation of the peso amid growing anticipation that his successor will need to address a sustained USD
Tunisia has received a loan of USD 87.1 million from the AfDB to bolster food security in the country. The loan will help develop infrastructure
The disparity between Nigeria’s official and parallel-market exchange rates is growing, despite efforts by the central bank. As of Tuesday, the naira closed at 743
In Kenya, schools and businesses closed amid plans by the main opposition to protest the rising cost of living. Following the supreme court’s rejection of
The South African rand is trading around 17.9 per USD, appreciating by about 4.6% in July, mainly due to a softer USD. Domestically, the economy
Mongolia has reported a substantial increase in its trade surplus, which now stands at USD14 bln, as exports rose while imports remained relatively stable. Commodity
The state oil fund of Azerbaijan, SOFAZ, reported a jump in its assets of nearly USD 6 bln in the first half of 2023. Total
On the military front, Russia continues its relentless bombardment of the Odessa region, according to local sources. Consequently, wheat futures have surged by up to
Russian president Putin has declared that he will not attend the upcoming BRICS leaders’ summit in South Africa in person, thereby alleviating a potential dilemma
Thailand’s parliament has blocked Pita Limjaroenrat from running for PM, thereby countering the public’s choice. The decision follows a court suspending Pita as a lawmaker
Laos’ PM has issued directives to regulate foreign currencies to provide an influx of FX from exports and foreign investments and promote the use of
Despite signs of a slowing economy, China’s central bank held its lending rates steady. The one-year loan prime rate (LPR) and the five-year rate, used
Afghanistan’s central bank, DAB, sold USD 14 mln through an auction Wednesday to stabilize the local currency. Over the past weeks, the afghani declined to