Paraguay
Paraguay’s central bank will sell at least USD 15 mln daily in the currency market from Oct. 28 to manage exchange rate volatility, which it
October 25, 2024
Paraguay’s central bank will sell at least USD 15 mln daily in the currency market from Oct. 28 to manage exchange rate volatility, which it
Brazil’s economic team is considering capping growth in select social programs to align with the fiscal framework. The proposed cap, allowing a 2.5% increase over
While the IMF publicly praised Argentine President Milei’s austerity efforts, Milei faces challenges securing additional funds from the IMF. In under a year, he’s cut
Senegal has been removed from the global dirty-money list after three years, likely boosting investor confidence. Since 2021, the country has strengthened financial regulations, including
Morocco plans to advance its exchange rate reform in 2026 by gradually shifting the dirham from its peg to a EUR and USD basket, central
A Kenyan court halted a USD 736 mln agreement with India’s Adani Group to construct and operate power transmission lines, following public outcry over the
The IMF forecasts Ghana’s debt-to-GDP ratio to reach 83% by end-2024, with a gradual decline to 69.7% by 2029 due to fiscal improvements. Ghana’s current
Fitch upgraded Ethiopia’s local currency rating to CCC+ from CCC-‘, while affirming its Long-Term Foreign-Currency IDR at RD. The upgrade reflects reduced financing pressures, enhanced
Israel launched direct strikes against Iran early Saturday, in a high-stakes retaliation to Tehran’s ballistic missile barrage earlier this month. Meanwhile, The US recently assured
Russia on Friday denied allegations of interference in crucial elections in Moldova and Georgia and accused the West of manipulating voters in the former Soviet
Georgia’s ruling party declared victory in parliamentary elections that opponents claimed were rigged, and international observers noted several shortcomings that marred the outcome. While the
Azerbaijan’s President Aliyev and Armenian PM Pashinyan had a direct bilateral summit during the BRICS summit. Following the meeting, both leaders were instructed to accelerate
Russia’s central bank hiked its key rate to a record high of 21%. The bank raised its projections for price growth in 2024 and 2025
Sri Lanka’s central bank governor stated he sees the scope of loosening monetary policy, but any decision will depend on the economic outlook when policymakers
Pakistan’s central bank is anticipated to cut its policy rate by up to 200 bps in its Nov. 4 meeting, following a similar cut to