China
China adjusted its daily reference rate for the yuan, aligning it with market expectations and indicating satisfaction with the current currency levels after a notable
August 23, 2024
China adjusted its daily reference rate for the yuan, aligning it with market expectations and indicating satisfaction with the current currency levels after a notable
Indian PM Modi is in Poland for security and trade discussions before traveling to Ukraine amid its ongoing conflict with Russia, a key ally of
Indonesia’s central bank held its benchmark interest rate at 6.25%, keeping borrowing costs at their peak since 2016 to stabilize the rupiah and control inflation
Thailand’s central bank maintained its key interest rate at 2.5% despite economic sluggishness and recent political turbulence. The bank’s decision reflects its assessment that the
Kyrgyzstan is considering investments in Iranian port infrastructure, notably the Shahid Rajaee Port. This port is a significant trade and transit hub in Iran, handling
Serbia’s annual inflation rate increased to 4.3% in July 2024 from 3.8% in June which was the lowest reading since July 2021. This month, The
Ghana ditched plans to use international loans to fund its cocoa crop for the upcoming season, opting instead for domestic funding sources. This shift ends
Rwanda’s central bank lowered its key interest rate by 50 bps to 6.5%, marking another consecutive cut. This move comes as inflation is expected to
South Africa’s inflation rate decreased to 4.6% in July 2024, the lowest in three years, from 5.1% the previous month, nearing the central bank’s target
Goldman Sachs revised its inflation forecast for South Africa in 2024 to 4.5% from 4.8%, following lower-than-expected July CPI figures. The firm anticipates three consecutive
Argentina reported a trade surplus of USD 1.6 bln in July, a significant shift from a USD 701 mln deficit in the same month the
Honduras finalized four loan agreements with the CAF totaling USD 350 mln, The loans aim to enhance infrastructure, advance gender equality, and aid coffee growers