Jamaica
Jamaica has made remarkable economic progress, transitioning from an emerging market outlier to a leader. The country recorded historically low unemployment rates, slashed its debt
September 8, 2023
Jamaica has made remarkable economic progress, transitioning from an emerging market outlier to a leader. The country recorded historically low unemployment rates, slashed its debt
Guatemala’s central bank held its key interest rate at 5.0%, following a 325 bps hike since April 2022. The intent was to balance inflation, aiming
Argentina allowed oil and gas companies to exchange 25% of their export USD at the blue-chip swap rate, rather than the official rate, for the
Nigeria faces potential turmoil as its two leading worker unions, the NLC and TUC, planned an indefinite strike from October 3 against the rising cost
US Secretary of Defense Austin, during his meeting with Mozambique’s President Nyusi, lauded several of the president’s initiatives, including elevating the role of women in
Kenya’s FX reserves dipped by USD 112 mln in a week. As of the previous Friday, the reserves stood at USD 6.955 bln, down from
Kenya’s FX reserves dipped by USD 112 mln in a week. As of the previous Friday, the reserves stood at USD 6.955 bln, down from
Financial markets faced a crisis in Egypt. JPMorgan took three to six months to evaluate Egypt’s bond index eligibility after placing the nation on negative
The Export-Import Bank of China (CEXIM) signed a USD 300 mln loan facility agreement with Africa Finance Corporation (AFC) to boost trade finance and investments
The European Commission (EC) has pledged an additional grant of EUR 105 mln to Moldova to address the socio-economic challenges stemming from rising energy costs.
The EBRD also commented that Central Asian economies experienced robust growth in the first half of the year, driven by the revival of international trade
The EBRD also commented that Central Asian economies experienced robust growth in the first half of the year, driven by the revival of international trade
The European Bank for Reconstruction and Development (EBRD) has issued economic growth forecasts for several CIS and Caucasus countries. Uzbekistan maintained its projected growth at
The European Bank for Reconstruction and Development (EBRD) has issued economic growth forecasts for several CIS and Caucasus countries. Uzbekistan maintained its projected growth at
The European Bank for Reconstruction and Development (EBRD) has issued economic growth forecasts for several CIS and Caucasus countries. Uzbekistan maintained its projected growth at
Ukraine’s grain exports have plunged more than 50% in September to 1.75 million tons. Exports fell 20% from the start of the season on July
Thailand’s central bank raised its key interest rate by 25 bps to 2.5%. It also signaled no immediate need for further hikes. The bank adjusted
Sri Lanka’s inflation rate declined to an eight-year low of 1.3% YoY in September from 4.0% in August, driven by lower food prices. With inflation
Pakistan received its first shipment of LPG from Russia, which amounts to 100,000 metric tons. This shipment, facilitated via Iran’s Sarakhs Special Economic Zone, represents
Meanwhile, India’s government planned a 300 bln rupees sale of the 50-year bond over the next few months, accounting for about 5% of its total
India announced its intent to issue 50-year bonds, a first-time ultra-long maturity debt designed to meet the rising demand for insurance and pension funds. This
The recent USD surge has ignited a series of official reactions across Asian currency markets: Bank Indonesia continued to actively support the rupiah in response