India
Bangladesh’s army chief and president are working to install an interim government and calm deadly protests that led PM Hasina to flee the country to
August 7, 2024
Bangladesh’s army chief and president are working to install an interim government and calm deadly protests that led PM Hasina to flee the country to
Indonesia’s GDP grew 5.05% YoY in Q2 2024, slightly above forecasts, even with slower government spending. This performance provides leeway for the central bank to
The trade deficit in the Philippines widened to USD 4.3 bln in June from USD 3.9 bln a year earlier, marking the smallest gap since
Ukraine received USD 3.9 bln in non-repayable financial aid from the US, aimed at covering priority social and humanitarian expenses without increasing national debt, according
Iran emphasized its desire to avoid a full-scale war with Israel while vowing retaliation for the assassination of a top Hamas figure in Tehran. Russian
The Egyptian pound continues to slide in offshore markets, down 1.6% and extending its depreciation streak. Meanwhile, Egypt’s trade deficit narrowed by 10.3% YoY to
Ethiopia converted 265 bln birr (USD 3.32 bln) of Treasury bills held by pension funds into 10-year securities, initiating a domestic debt restructuring that includes
Kenya’s private sector activity contracted in July, with the Stanbic Bank Kenya PMI dropping to 43.1 from 47.2 in June, influenced by public protests against
Nigeria’s central bank is set to conduct a USD auction next week to support the naira and curb the FX crisis. Banks have been instructed
Bolivia’s monthly inflation eased to 0.47% in July from 0.54% in June, as reported by the National Statistics Institute. YTD, inflation reached 2.98%, with the
Brazilian analysts raised their key rate forecasts for the end of next year amid currency depreciation and inflation concerns. The real has fallen 15.2% YTD,
Honduras’ Consumer prices rose 0.6% MoM in July, accelerating from 0.3% in June. This increase pushed annual inflation to 5.1%, above the central bank’s projected