Guatemala
Guatemala’s constitutional crisis has deepened as the electoral authority has accused the government of undermining democracy and the presidential election. The electoral body has alleged
July 3, 2023
Guatemala’s constitutional crisis has deepened as the electoral authority has accused the government of undermining democracy and the presidential election. The electoral body has alleged
The Colombian peso has appreciated nearly 22% since the start of the year, marking its highest over a year and positioning itself as one of
Saudi Arabia granted Tunisia a USD 400 mln loan and a grant of about USD 100 mln, strengthening bilateral cooperation. Meanwhile, the AfDB and Tunisia
South Africa’s 10-year government bond yield was around 10.3% in July, close to low levels not seen since early May. The Central Bank of South
Morocco’s annual inflation rate dropped to a 15-month low of 5.5% in June, down from 7.1% in May. The core rate stood at 5.6% in
The annual inflation rate in Ivory Coast fell to a near two-year low of 4.1% in June, down from 4.8% in May, primarily driven by
DR Congo’s government will reduce its cash expenditure and encourage tax payments in francs instead of USD to halt the depreciation of the local currency.
The US will provide an additional USD 380 mln in humanitarian assistance for Africa, according to secretary of state Antony Blinken. That brings the total
Jordan has introduced two projects for investors valued at around USD 780 mln. The projects include a tourist village in Aqaba’s Southern Red Sea port,
Mongolia’s tourism industry has reported a YoY increase of 73%, with the majority of visitors originating from Russia, China, and South Korea. With Mongolia’s economy
Wheat prices persistently dropped late last week due to unsuccessful attempts by Ukraine to renew the grain deal. President Zelensky directed military officials to prepare
Russia’s central bank raised its key rate by 100 bps to 8.50%, the first increase since the invasion commenced. The scale of future adjustments will
US treasury secretary Janet Yellen’s efforts to bolster economic relations with Vietnam has drawn criticism, with some questioning the wisdom of replacing one authoritarian regime
Sri Lanka is contemplating allowing the use of the Indian rupee for local transactions as it seeks to rebuild its depleted FX reserves and recover
FDI into Indonesia expanded by 14.2% YoY to 186.3tln rupiah (USD 12.59 bln) in Q2 2023, marking the softest increase in 1.5 years. The largest
China’s yuan appreciated past 7.2 per USD on Friday, with several Chinese state-owned banks reported to be selling USD to buy yuan in the offshore