Peru
According to the latest weekly report by Peru’s central bank, the country’s net international reserves amounted to USD 73.476 bln, equivalent to nearly 29% of
July 28, 2023
According to the latest weekly report by Peru’s central bank, the country’s net international reserves amounted to USD 73.476 bln, equivalent to nearly 29% of
Paraguay’s forthcoming government seeks congressional approval to borrow for contractor debt settlements through multilateral lenders. To meet the 1.5% fiscal deficit legal limit, tax increases
Upcoming data is forecast to reveal a continued deceleration in South Africa’s consumer inflation for July, reaching an anticipated 5%, edging closer to the central
Sierra Leone anticipates a reduction in its debt-to-GDP ratio, expecting it to average 82.4% between 2024-27 from an estimated 99%. The country’s total public debt
Morocco’s annual inflation rate declined to 4.9% in July from 5.5% in June, the lowest figure since February 2022, primarily driven by a notable reduction
Kenya is in talks with the AfDB to obtain around USD 80.6 mln to bridge its budget deficit for the ongoing fiscal year. This initiative
The SADC, a bloc of 16 southern African nations, has approved a USD 17 bln natural gas project to address power shortages. The plan encompasses
Kazakhstan’s central bank deputy governor noted that last week’s volatility in the Kazakhstani tenge (KZT) was mainly driven by the weakening of the Russian ruble
Ukrainian resident Zelensky met with Croatia’s PM during the Ukraine-Balkans summit, where they discussed potential new avenues for Ukraine to supply food to global markets,
Turkish president Erdogan is reportedly planning to visit Russia to meet with Putin, although a specific date has not yet been disclosed. Initially, reports had
A recent analysis by Bloomberg assessed the effects of the Central Bank of Russia’s (CBR) rate cuts and subsequent hikes on the Russian ruble (RUB).
Thailand has appointed Srettha Thavisin, a 61-year-old former property magnate and a former PM, ousted in a 2006 coup, as its new prime minister after
The Pakistani rupee plunged beyond the 299 per USD mark, influenced by a resurgence in USD demand after the easing of import restrictions. The restrictions,
Myanmar’s military junta hinted at postponing the slated general elections, aiming instead for accelerated economic growth amid skyrocketing prices. Notably, a report from the UN
Indonesia registered a current account deficit of USD 1.93 bln in Q2 2023, amounting to 0.5% of its GDP, contrasting with a surplus of USD
India is contemplating imposing further curbs on its rice exports amid escalating domestic food prices. While the government is mulling over a potential tax on