Brazil
Following an unexpected 50 bps rate cut by Brazil’s central bank, analysts adjusted their interest rate projections. The latest survey of economists predicts the Selic
July 13, 2023
Following an unexpected 50 bps rate cut by Brazil’s central bank, analysts adjusted their interest rate projections. The latest survey of economists predicts the Selic
Argentina braces for its presidential primary election next week amid soaring parallel exchange rates. The black-market “dollar blue” rate reached a nominal record of 574
South Africa’s recent economic data signals a potential downturn, making it likely for the South African central bank to cut interest rates. A significant decline
The newly released AfDB report highlights Rwanda’s promising growth, projecting it as the top performer in East Africa for 2024, driven by its solid institutional
The AfDB forecasts the East African region to outgrow other African regions, predicting growth rates of 5.1% for 2023 and 5.8% for 2024, led by
Uzbekistan’s international reserves slightly declined for the fourth consecutive move. As of the beginning of August, the reserves amounted to USD 33.6 bln, a decline
Belarus has observed an uptick in its gold and FX reserves, reaching almost USD 8 bln in July. That represents nearly a 1% increase for
Minutes from Ukraine’s MPC July meeting suggest that most Ukrainian central bank officials anticipate further reductions in borrowing costs within the year. Seven of the
Wheat prices are on the rise as tensions escalate between Ukraine and Russia. Over the past weekend, Ukraine deployed sea drones, targeting a Russian naval
Thailand’s Pheu Thai party, previously linked to ex-PM Thaksin Shinawatra, joined forces with the conservative Bhumjaithai Party, seeking to end the political stalemate post the
Pakistan’s political landscape is in flux. PM Shehbaz Sharif dissolved the parliament days before his term’s end, notable against the backdrop of former leader Imran
Indonesia’s central bank reported a rise in FX reserves by about USD 200 mln, totaling USD 137.7 bln in July, mainly driven by higher tax
Indian bonds saw fluctuations due to rising US treasury yields, drawing focus to the upcoming RBI, India’s central bank, policy meeting. After initial trades, 10Y