Peru
Peru’s inflation rose by 2.01% YoY in October, aligning near the central bank’s target range of 1%-3%. Under President Julio Velarde, Peru maintains the lowest
November 1, 2024
Peru’s inflation rose by 2.01% YoY in October, aligning near the central bank’s target range of 1%-3%. Under President Julio Velarde, Peru maintains the lowest
Brazil’s real dropped as much as 1.2% to 5.8517 per USD on Friday, its lowest since May 2020, amid concerns over fiscal stability. Uncertainty around
Supporters of Bolivia’s former President Evo Morales stormed three military bases, took soldiers hostage, and seized weapons, demanding an end to criminal cases against Morales
Argentina’s central bank lowered its benchmark interest rate from 40% to 35%, marking its first cut in nearly six months. The move aligns with President
Fitch affirmed Nigeria’s rating at B- with a Positive Outlook, citing the country’s large economy, developed domestic debt market, and extensive oil and gas reserves.
Morocco’s central bank is set to approve Saham Group’s EUR 745 mln purchase of a 57.67% stake in Societe Generale Marocaine des Banques (SGMB), following
Fuel rationing in Malawi led to queues at petrol stations after foreign exchange shortages disrupted supplies. The Malawi Energy Regulatory Authority (MERA) restricted sales to
Fitch upgraded Egypt’s credit rating to B from B- with a stable outlook, marking the first upgrade since 2019. The change reflects reduced external risks,
In a historic shift, Botswana’s opposition coalition won the parliamentary elections, ending nearly six decades of BDP rule. Duma Boko, a Harvard-educated lawyer, was sworn
Uzbekistan’s annual inflation eased slightly to 10.2% in October. The Central Bank reaffirmed its commitment to reach a 5% inflation target by the second half
Moldovans went to the polls on Sunday to choose their president in a second round of voting. The incumbent, Maia Sandu, a pro-Western reformer and
Kyrgyzstan is testing investor appetite for a possible first-ever sale of USD bonds. The government is considering an issuance as soon as next year, pending
The National Bank of Kazakhstan plans to sell USD 1.2-1.3 bln from the Oil Fund and USD 130-140 mln from the Kazatomprom share deal in
European buyers are close to an agreement with Azerbaijan for natural gas supplies to replace volumes currently received under a Russia-Ukraine transit deal set to
Ukraine’s parliamentary defense committee secretary suggested mobilizing 500,000 citizens due to current battlefield needs. He cited a drop in mobilization rates since September, noting the
The State Bank of Pakistan (SBP) bought a record USD 722 mln in foreign currency in July, following a USD 573 mln purchase in June,
Indonesia plans to extend the period natural-resource exporters must keep foreign currency earnings onshore to support the rupiah. The currency fell 3.6% last month due
Chinese lawmakers are set to approve a substantial fiscal package during the Standing Committee of the National People’s Congress session from Nov. 4-8. The package