India
The Indian rupee remained around 83.4 per USD, close to its record low of 83.7 seen on April 16th amid general weakness IN ASIAn currencies
May 14, 2024
The Indian rupee remained around 83.4 per USD, close to its record low of 83.7 seen on April 16th amid general weakness IN ASIAn currencies
Nepal’s economy is expected to grow by 3.87% for the FY23-24, as per the National Statistics Office. This growth rate falls short of the government’s
The Philippines is reevaluating its strategy in the South China Sea in response to escalating confrontations with Chinese forces, which have caused damage and injuries.
Sri Lanka’s inflation rose to 1.5% YoY in April from 0.9% in March, marking the first acceleration in three months. Despite this, the central bank
Armenia’s central bank cut its key rate by 25 bps to 8.25%. Inflation continued to fall, registering a contraction of -1.2% in March. The bank
Bidzina Ivanishvili, the billionaire founder of the Georgian Dream party, accused foreign powers he labeled as a “global war party” of trying to overthrow his
Kyrgyzstan’s central bank (NBK) lowered its refinancing rate from 13% to 11%. The decision was made in light of inflation coming in at 5.2% for
UK intelligence suggests that Russia is planning to target Moldova with a wave of so-called “hybrid” attacks in the run-up to its Presidential election and
Mongolia is setting up a national wealth fund to boost investment in economic development and social infrastructure. The proceeds will come from wealth generated by
A slew of Serbian data was released, where the flash GDP estimate showed that Q1 2024 GDP came in at 4.6%, much higher than the
Cameroon’s economy slightly increased to XAF 8.2 tln at the end of March, up from 8.17 a year earlier. External debt accounted for 27.7% of
Severe floods and mudslides, intensified by El Nino weather patterns in Kenya, have resulted in the deaths of 169 people, with nearly 191,000 affected nationwide.
Mauritius reported an 8.5% YoY increase in public sector debt in the first quarter, reaching 524.7 bln rupees. However, the debt-to-GDP ratio improved to 78.3%
South Africa reported a trade surplus of ZAR 7.3 bln in March 2024, a decline from the revised ZAR 13.3 bln surplus in February. This
Plans are in motion between Brazil, Argentina, and Paraguay for a new gas pipeline construction that will transport natural gas from Argentina’s Vaca Muerta fields
Colombian President Gustavo Petro, through a post on X, announced that his government is developing a set of economic initiatives aimed at fully reviving the
The EMBIG Peru saw a slight decrease, settling at 156 between April 17 and 24. During the same period, the EMBIG for Latin America also