Peru
According to Peru’s central bank, net international reserves rose to USD 73.026 bln (29% of GDP) as of August 23, an increase of USD 1.142
August 4, 2023
According to Peru’s central bank, net international reserves rose to USD 73.026 bln (29% of GDP) as of August 23, an increase of USD 1.142
The party of Guatemalan president-elect Bernardo Arevalo has been suspended by the Citizens’ Registry, an arm of the electoral authority. The suspension is pending an
The Argentine peso declined to a record low of 800 per USD in the parallel exchange market. The drop comes after economy minister Sergio Massa
Deutsche Bank strategists argue that foreign bond investors are overpricing the long-term risks associated with South Africa, as evidenced by the steepening yield curve. Foreign
Malawi is negotiating with foreign institutions to restructure its external debt, standing at USD 1.2 bln. As of the end of 2020, Malawi owed USD
Kenya’s chief economic advisor to Kenya’s president Ruto, David Ndii, has dismissed concerns over a potential FX crisis related to the country’s oil imports. According
Guinea is sending its trade minister, Louopou Lamah, to India to negotiate an exemption from India’s ban on rice exports. India, the world’s largest rice
Egypt reported that the latest round of talks on Ethiopia’s Grand Ethiopian Renaissance Dam ended without a breakthrough. The discussions, the first in more than
Serbian energy minister Dubravka Djedovic said that households’ electricity prices should be raised before the beginning of next year. The current price of electricity is
Kazakhstan’s government outlined its budget macro parameters, assuming oil to average USD 80 bbl and USD/KZT to average 460. Growth was boosted to 5.3% in
Meanwhile, Putin has not left the country since the warrant was released in March, other than visiting Russian-occupied areas of Ukraine. He also skipped the
President Putin has confirmed his first trip abroad following a warrant for his arrest on alleged war crimes issued by the ICC. According to people
Tensions are rising between Vietnam’s PM and the central bank chief over how to counter the economic slip. While the PM is pushing for lowering
The Philippines ramped up efforts to spotlight what it describes as “aggressive” actions by Chinese vessels in the South China Sea. Officials have released videos
An appeals court in Pakistan has suspended the three-year prison sentence of former PM Imran Khan. He was sentenced earlier this month in a corruption
Malaysia’s trade surplus narrowed to 17.1 bln ringgit in July, down from 25.55 bln in the previous month. This drop was due to a 13.1%
China’s largest state-owned banks are considering lowering deposit rates for the third time within a year to boost the economy and protect profit margins. That