Costa Rica
Costa Rica’s inflation rate dropped by 2.24% in September, following a 3.28% decline in the previous month, marking the fourth straight month of disinflation. Several
October 9, 2023
Costa Rica’s inflation rate dropped by 2.24% in September, following a 3.28% decline in the previous month, marking the fourth straight month of disinflation. Several
Colombia’s annual inflation rate decreased for the sixth consecutive month, reaching 10.99% in September from 11.43% in the prior month, almost meeting the market’s 11%
Concerns arise within Brazil’s President Lula da Silva’s economic unit over potential changes in Brazil’s central bank’s interest rate approach, driven by increasing US treasury
Tunisia’s annual inflation receded slightly to 9.0% in September from August’s 9.3%, primarily due to a decline in food inflation to 13.9%. Concurrently, there was
Mauritius‘ annual inflation rate softened to 5.2% in September, the lowest since May 2022 and down from a consistent 5.9% in prior months, credited to
The IMF stipulates that Ghana needs a debt relief agreement from official creditors for continued disbursements under its USD 3 bln program. An initial disbursement
Ethiopia’s only Eurobond is declining, increasing concerns about a possible default. The bond’s value dropped by 0.8 cents on Friday. This decline has persisted for
The IMF’s managing director warns Egypt of depleting reserves unless it devalues its currency. Despite stabilization, Egypt’s international reserves have declined, currently at USD 35
In the broader context, despite having a peace treaty with Israel since 1994, Jordan had already been experiencing tensions with Israeli PM Netanyahu’s government, primarily
Hundreds of people have died and thousands more are injured in Israel and Gaza after Palestine’s Hamas militants fired rockets from Gaza into Israel Saturday.
In efforts to de-dollarize the economy, Iraqi Central Bank director-general of investment and remittances Mazen Ahmed said that Starting January 1, 2024, Iraq will prohibit
Kazakhstan’s central bank lowered rates by 50 bps to 16% while maintaining a hawkish stance. The bank anticipates inflation nearing the lower range of its
The EU has proposed a peace summit between Azerbaijan and Armenia this month. EC President Michel invited the leaders of both nations to a Brussels
Serbia’s central bank maintained its rates, citing decelerating global and domestic inflation. The bank highlighted an overall tightening of monetary conditions after the previous MRR
On Friday, Ukraine’s parliament amended the 2023 state budget to raise its expenditures by 303 billion UAH, primarily for the security and defense sector. The
The Pakistani rupee has appreciated, reaching a two-month peak against the USD, attributed to the government’s crackdown on illegal currency trading. The currency’s positive outlook
Myanmar registered a trade deficit of USD 818 mln in the H1 of this fiscal year, contrasting with a USD 112 mln surplus the previous
India’s central bank held its repo rate at 6.5% for the fourth successive session, aligning with expectations. This decision aims to harmonize inflation within RBI’s
Indonesia’s central bank plans to maintain stable interest rates to shield the rupiah. The rupiah, affected by the prospect of US interest rate hikes, has