Peru
Peruvian Economy and Finance Minister Alex Contreras is in Spain for a tour focused on fostering investment (FDIs) and bolstering relations with European nations. Discussions
August 28, 2023
Peruvian Economy and Finance Minister Alex Contreras is in Spain for a tour focused on fostering investment (FDIs) and bolstering relations with European nations. Discussions
The Dominican Republic surprised investors by canceling a planned USD bond sale, instead opting to increase borrowing in its own currency. The government issued its
Colombia’s consumer confidence index dropped to -18.8 in July 2023, a decrease of 1.4 points from -17.4 in the previous month. Consumer confidence decreased, especially
Argentina’s monthly inflation rose sharply to 12.4% in August, up from 6.3% the previous month, exceeding market expectations of 11.8%, as the country grapples with
South Africa’s 10Y government bond yield has reached its highest level since August 22, aligning with rising US treasury yields after solid US economic data.
South Africa’s 10Y government bond yield has reached its highest level since August 22, aligning with rising US treasury yields after solid US economic data.
Rwanda has signed an agreement with the Canadian-German company Dual Fluid to initiate a nuclear energy generation project. That marks a significant step for Rwanda
Kenya plans to buy back its June 2024 Eurobond, tapping Citigroup Inc. and Stanbic Holdings Plc as advisers to repay the USD 2 bln principal.
Ghana has reopened an offer to local bondholders to exchange existing loans for new securities to make its debt more sustainable. According to the country’s
Amid its worst economic crisis in years, Egypt is considering holding presidential elections before the end of 2023. The pound has remained stable in the
The AfDB is urging wealthy nations to redirect their IMF SDRs through the bank to help Africa adapt to climate change. This call aligns with
Uzbekistan’s central bank kept its key rate steady at 14%, noting the persistently high inflation rate of 9.0%. Core inflation is also decreasing slower than
Kazakhstan dropped plans to offer Eurobonds this year. Instead, the budget deficit will be covered by borrowing in the domestic market. To date, the government
Ukraine reported that its drones destroyed a Russian air defense system in Yevpatoria, Crimea, in an overnight raid. Russia countered that it had taken down
Thailand’s central bank sees upside risks to inflation from global energy costs and El Nino-induced food price spikes. Officials indicated that fiscal stability is a
Pakistan’s central bank surprised markets by leaving its key interest rate at 22% despite expectations for prices to remain elevated to align with IMF conditions
China’s central bank (PBoC) lowered its reserve requirement ratio (RRR) by 25 bps, effective September 15, to maintain liquidity and aid post-pandemic recovery. After the