Peru
Peru’s central bank cut interest rates by 25 bps to 5.0% on Thursday after core inflation fell for the fourth consecutive month. The central bank
November 7, 2024
Peru’s central bank cut interest rates by 25 bps to 5.0% on Thursday after core inflation fell for the fourth consecutive month. The central bank
Bloomberg analysts predict Colombia’s GDP likely rose by 2.2% YoY in Q3, indicating a rebound from a prior quarterly growth of 0.1%. Annual growth is
France’s state development bank anticipates additional contributions to a EUR 400 mln climate loan for South Africa, linked to a USD 9.3 bln climate-finance agreement
Namibia’s annual inflation rate eased to 3% in October 2024, the lowest since February 2021, down from 3.4% in the previous month, driven by falling
The Nigerian naira has hit a new record low, depreciating 0.6% to 1,681 per USD. The currency has lost 72% of its value since the
The IMF and Guinea-Bissau have reached a staff-level agreement on economic policies to support the ECF. Upon approval by the IMF management and the executive
Ghana’s main opposition leader pledged to renegotiate the IMF program to lower taxes and ease loan repayments if elected next month. He criticized the current
Botswana’s central bank governor indicated that inflation could surpass projections in the medium term. At a briefing, he announced that the nation’s benchmark rate will
Iraq’s central bank sold USD 280.31 mln in its currency auction on November 6, primarily for overseas account settlements. Most transactions involved foreign transfer credits,
Serbia’s central bank held rates at 5.75%. The bank stated that the effect of its 75 bps in cumulative cuts can still be expected in
A NATO delegation has discussed with the Armenian Defense Ministry the prospects of bilateral cooperation during a visit to the country on November 5-6.
Albania’s central bank cut its policy rate by 25 bps to 2.75%. The move was triggered by modest inflation, which averaged 2% in Q3 2024,
Ukraine’s total FX reserves declined to USD 36.6 bln at the end of October, down by USD 2.3 bln for the month. The decline was
Indonesian President Subianto is scheduled to meet with Chinese President Jinping on Friday before traveling to the US for a potential meeting with President-elect Trump.
China’s offshore yuan fell to about 7.16 per USD as investor concerns grow over potential new tariffs following Trump’s presidential election victory. Trump proposed tariffs
Bangladesh’s inflation rose to 10.87% YoY in October, up from 9.92% in September. Food inflation surged to 12.66%, while non-food inflation decreased slightly to 9.34%.