Bangladesh
Bangladesh’s central bank has initiated currency swap agreements with commercial banks to address local FX market dynamics. Deals start from a minimum of 5 mln
March 15, 2024
Bangladesh’s central bank has initiated currency swap agreements with commercial banks to address local FX market dynamics. Deals start from a minimum of 5 mln
India’s trade deficit shrank to a nine-month low at USD 17.5 bln in January, influenced by softening commodity prices and increasing tensions in the Red
Sri Lankan officials noted that economic prospects are closely tied to the continuation of its IMF loan program and progress in structural reforms. After a
Civilian infrastructure across Ukraine was hit by Russian missiles, as Presidents Zelensky and Macron announced plans to sign a bilateral security agreement. In the US,
Armenian PM Pashinyan warned of Azerbaijan’s plans for a “full-scale war” following a border skirmish that resulted in four Armenian soldiers’ deaths. Pashinyan expressed concerns
Serbia’s central bank governor, Governor Tabakovic, indicated that inflation is expected to reach the midpoint of the 1.5-4.5% target range by mid-2024 and remain close
Uzbekistan’s President Mirziyoyev announced plans to double the country’s nominal GDP to USD 160 bln and achieve a GDP per capita of USD 4,000 by
Tensions between Israel and Hezbollah escalated significantly on Wednesday, marking the most severe attacks from Lebanon since the conflict began four months ago. Israel retaliated
Botswana reported an annual inflation rate of 3.9% in January, up from 3.5% the previous month, indicating moderate inflationary pressures within the economy. This steady
The Kenyan shilling experienced its most significant rally in nearly 16 years, spurred by the success of a USD 1.5 bln Eurobond sale and strong
Morocco’s largest trade union, Union Marocaine du Travail, is demanding significant wage increases, including a more than 60% raise in the minimum wage, amid the
The Mozambican economy expanded by 5% in 2023, surpassing the previous year’s growth of 4.4%. Meanwhile, inflation decreased to an average annual rate of 7.1%,
Nigeria’s inflation rate reached a near 28-year high of 29.9% in January, pressuring the central bank to consider significant interest rate hikes at its upcoming
The IMF has recommended that Nigeria fully eliminate fuel and electricity subsidies, describing these measures as costly and inefficient for the populace. The IMF’s advice
Tanzania witnessed a 7.7% increase in gold-export value in 2023, reaching USD 3.06 bln, up from USD 2.84 bln the previous year. This growth is
Tunisian President Saied has appointed Fathi Zouhair Nouri, an economics professor, as the new central bank chief amid a deepening economic crisis. This appointment follows
Costa Rica’s fiscal accounts experienced a slight deterioration in 2023 compared to the previous year when a primary surplus of 2.1% of GDP was recorded.
The Dominican Republic’s annual inflation rate decreased to 3.32% in January 2024, the lowest since June 2020, with reduced price increases in food and transport.
Paraguay registered a trade deficit of USD 482.1 mln in January, an improvement from the USD 684.2 mln deficit a year prior. Exports surged by
Bangladesh’s central bank has initiated currency swap agreements with commercial banks to address local FX market dynamics. Deals start from a minimum of 5 mln
India’s trade deficit shrank to a nine-month low at USD 17.5 bln in January, influenced by softening commodity prices and increasing tensions in the Red
Sri Lankan officials noted that economic prospects are closely tied to the continuation of its IMF loan program and progress in structural reforms. After a
Civilian infrastructure across Ukraine was hit by Russian missiles, as Presidents Zelensky and Macron announced plans to sign a bilateral security agreement. In the US,
Armenian PM Pashinyan warned of Azerbaijan’s plans for a “full-scale war” following a border skirmish that resulted in four Armenian soldiers’ deaths. Pashinyan expressed concerns
Serbia’s central bank governor, Governor Tabakovic, indicated that inflation is expected to reach the midpoint of the 1.5-4.5% target range by mid-2024 and remain close
Uzbekistan’s President Mirziyoyev announced plans to double the country’s nominal GDP to USD 160 bln and achieve a GDP per capita of USD 4,000 by
Tensions between Israel and Hezbollah escalated significantly on Wednesday, marking the most severe attacks from Lebanon since the conflict began four months ago. Israel retaliated
Botswana reported an annual inflation rate of 3.9% in January, up from 3.5% the previous month, indicating moderate inflationary pressures within the economy. This steady
The Kenyan shilling experienced its most significant rally in nearly 16 years, spurred by the success of a USD 1.5 bln Eurobond sale and strong
Morocco’s largest trade union, Union Marocaine du Travail, is demanding significant wage increases, including a more than 60% raise in the minimum wage, amid the