India
India is considering allowing select foreign investors to raise capital in rupees for investments in specific countries. That follows July’s announcement to simplify foreign investment
August 26, 2024
India is considering allowing select foreign investors to raise capital in rupees for investments in specific countries. That follows July’s announcement to simplify foreign investment
Indonesian lawmakers are reconsidering changes to the election law following mass protests in multiple cities, including Jakarta, that resulted in a significant drop in the
Former Thai PM Shinawatra highlighted Thailand’s urgent need to address its high levels of household and public debt to enhance economic growth. With household debt
Russia continued its offensive in eastern Ukraine, opting not to shift significant military resources from the Donbas front to counter Ukraine’s incursion into the Kursk
Azerbaijan’s USD demand at the central bank’s FX auction rose to USD 76.2 mln from USD 74.8 mln at the prior auction. The central bank
Kazakhstan aims to increase bilateral trade with Tajikistan to USD 2 bln, as stated by Kazakh President Tokayev during his discussions with Tajik President Rahmon
Hezbollah launched over 50 rockets at Israeli homes in the Golan Heights, responding to an Israeli strike in Lebanon that resulted in casualties. This escalation
Botswana’s central bank lowered its policy rate to 1.9% from 2.15%, citing the economic conditions and the need to stimulate economic and financial sector growth.
Egypt’s external debt service rose to USD 23.8 bln in the first nine months of FY 2023/2024, a significant increase from USD 17.8 bln in
Nigerian businesses anticipate the naira will depreciate in the short term but expect an appreciation next year, according to a central bank survey. Conducted with
Argentina’s monthly index of economic activity declined by 0.3% MoM in June, indicating a pause in economic recovery after May’s brief uplift. Meanwhile, Argentina’s central
Colombian Finance Minister Bonilla revealed plans to increase diesel prices by COP 2,000 in three semi-annual increments starting this year, representing a 63.5% hike from
Peru’s Finance Minister Arista suggested the economy might have grown over 4.0% in July, potentially reversing June’s sharp slowdown and supporting 2024’s growth forecast of