Guatemala
Guatemala’s political crisis is under scrutiny from risk rating agencies and international organizations. Johny Gramajo Marroquin, Bank of Guatemala’s economic manager, confirmed discussions with two
June 30, 2023
Guatemala’s political crisis is under scrutiny from risk rating agencies and international organizations. Johny Gramajo Marroquin, Bank of Guatemala’s economic manager, confirmed discussions with two
Argentinian companies, including state-run oil firm YPF SA, Telecom Argentina SA, and top clean energy generators, are capitalizing on low rates to refinance debt as
South Africa’s central bank maintained its key repo rate at a 14-year high of 8.25%, marking a pause in its tightening cycle after ten consecutive
Mauritius’s trade deficit widened to 28.3 bln rupees in May 2023, up from 15 bln a year earlier. Imports rose 2.16% to 29.24 bln rupees,
The IMF concluded its IV consultation with Lesotho, citing that the country continues to face challenges due to climate shocks, infrastructure delays, high food, and
Fitch affirmed Kenya’s rating at B but lowered its outlook to negative from stable, citing increased external financing constraints, weakening FX reserves, rising financing costs,
Egypt is negotiating with the UAE for the Gulf nation to finance USD 400 mln worth of wheat imports. The finance will come from the
Recent Fitch reports projected a declining outlook for Sub-Saharan Africa, contrasting with the improving trends observed in several emerging economies. That is despite a supportive
Turkey’s central bank raised its benchmark interest rate by 250 bps to 17.5%, following a 650 basis point hike. The move aims to control inflation
Kyrgyzstan’s economy and commerce ministry reported that the customs service has tightened export controls on dual-use goods. The decision followed consultations with the US and
Kazakhstan’s president, Tokayev, has expressed his appreciation for the country’s cooperation with OPEC and his readiness to “deepen” it during his visit to Saudi Arabia
According to the deputy governors of Ukraine’s central bank, the bank is contemplating lifting restrictions on the repatriation of dividends out of the country from
Russia’s decision to withdraw from the Black Sea grain-export initiative and to view any ships in these waters as hostile has been poorly received by
Treasury secretary Janet Yellen met with Vietnam’s PM Pham Minh Chinh to promote trade ties and reduce the US dependency on China as part of
Afghanistan’s central bank, DAB, sold USD 14 mln through an auction Wednesday to stabilize the local currency.