Laos
Laos’ trade deficit widened to USD 133 mln in June despite a 10% monthly increase in total trade value to USD 1.227 bln. Imports rose
August 12, 2024
Laos’ trade deficit widened to USD 133 mln in June despite a 10% monthly increase in total trade value to USD 1.227 bln. Imports rose
Real interest rates in Pakistan are notably high at 8.4%, suppressing demand and diverging from a historical average of 2.5%. Bloomberg analysts predict the central
Russia declared a state of emergency in its Kursk region, bordering Ukraine, as Ukrainian forces launched a significant incursion, marking the most extensive direct conflict
Serbia paused its monetary easing after two consecutive interest-rate cuts, leaving its one-week repo rate at 6%. During the last meeting, the central bank had
Uzbekistan’s official reserves reached a record USD 37.4 bln, up by USD 1.06 bln in July. Since the beginning of this year, FX reserves decreased
African central banks, including South Sudan, Mauritius, Nigeria, Zambia, and Zimbabwe, have collectively spent over USD 1.3 bln since July to stabilize their currencies and
Egypt’s inflation decreased to 25.7% YoY in July, its lowest since late 2022, continuing its fifth consecutive month of easing from a peak of 38%
Ghana plans to allocate 53.8 bln cedis to roll over maturing debts and cover other government financing needs. Separately, Ghanian Vice President Bawumia proposes a
Kenyan President William Ruto approved 19 ministers backed by parliament amid renewed anti-government protests. The new Treasury head, Mbadi, aims to reduce Kenya’s debt by
Namibia’s central bank revised its 2024 economic growth forecast downward to 3.1% from 4.2% last year, citing global economic sluggishness, reduced demand for mineral exports,
The Nigerian naira saw a marginal appreciation in the official market to 1,596 per USD after the central bank conducted a rare dollar auction, selling
The Dominican Republic’s inflation rate rose by 0.53% MoM in July, compared to a 0.48% increase in June. YoY, inflation increased slightly to 3.54% from
Guatemala’s overseas remittances increased by 10.7% YoY in July to USD 1.819 bln, a significant recovery from a 5.4% decline in June. Additionally, consumer prices