Guatemala
The Dominican Republic’s inflation rate increased to 4.27% YoY in August, up from 3.95% in July. Consumer prices rose by 0.52% MoM in August. Separately,
August 24, 2023
The Dominican Republic’s inflation rate increased to 4.27% YoY in August, up from 3.95% in July. Consumer prices rose by 0.52% MoM in August. Separately,
The Dominican Republic’s inflation rate increased to 4.27% YoY in August, up from 3.95% in July. Consumer prices rose by 0.52% MoM in August. Separately,
The Brazilian real weakened to 4.95 per USD, pressured by a rebound for the USD, while markets digested the latest inflation report showing that the
Zambia’s USD debt saw an uptick after Fitch upgraded the country’s credit outlook following the resolution of a long-standing dispute with Vedanta Resources Ltd over
South African bonds suffered after an official announced that tax revenue fell short of estimates. Yields on 2044 bonds rose four bps on Tuesday to
Senegal’s annual inflation rate declined for the fifth straight month to 5.3% in August from 5.7% in July, marking the lowest rate since December 2021.
Following the devaluation of the Nigerian naira, the country’s central bank has directed domestic banks to divert any windfall currency revaluation gains as buffers against
Namibia’s inflation rate increased to 4.7% YoY in August, up from 4.5% in July, mainly driven by a sharp rise in food costs. Interestingly, transportation
Despite a devastating earthquake that claimed about 2,500 lives, Morocco expects the upcoming IMF and World Bank annual meetings in Marrakech to proceed as planned.
Under the G20’s Common Framework, bilateral creditors may finalize terms for debt relief for Ghana by the end of 2023. A deal involving private creditors
Bloomberg Research indicates a decline in remittances from Egyptians working abroad since mid-2022, complicating efforts to finance the country’s trade deficit. The trend appears to
Angola’s annual inflation rate rose to 13.54% in August from 12.12% in July, the highest since December 2022, mainly driven by the depreciation of the
Azerbaijan’s GDP growth slowed to 0.8% YoY in the first eight months, compared to 5.8% during the same period last year, primarily due to declining
Armenia’s central bank lowered its refinancing rate by 50 bps points to 9.75%, exceeding market expectations of a 25 bps cut. The bank also reduced
Poland threatened to extend its ban on Ukrainian grain imports if the EU does not maintain its restrictions beyond this Friday. The ultimatum comes as
Russian president Putin sought to reassure markets by stating that the government is avoiding extreme measures despite the economic turmoil caused by the war in
Laos plans to strengthen its bilateral relationship with Russia, building on its long-standing ties. Laotian VP Pany Yathotou emphasized the potential benefits of extending the
Retail inflation in India decelerated to 6.83% in August from 7.44% in July but remained above the central bank’s target level. Food prices slowed to
Bangladesh’s FX reserves dropped to USD 21.5 bln, falling short of the IMF’s required USD 25 bln, following a USD 1.31 bln payment to the