Paraguay
Paraguay’s central bank kept its policy rate at 6.0% in November 2024, citing mixed global and domestic factors. Domestically, Paraguay’s economy grew 4.6% in September,
November 19, 2024
Paraguay’s central bank kept its policy rate at 6.0% in November 2024, citing mixed global and domestic factors. Domestically, Paraguay’s economy grew 4.6% in September,
Colombia’s economy grew by 2% in Q3 2024, below the 2.4% market expectation, indicating a gradual recovery. Analysts expressed concerns about uneven growth distribution, with
South Africa’s Treasury plans to withhold funds from five municipalities next month over unpaid water bills, aiming to compel local governments to settle basic service
The South African rand fell by as much as 1.1%, reversing an early gain, as traders sought safer assets amid escalating fears of the Ukraine
Somalia secured a USD 8.5 mln debt write-off from Denmark on November 18, part of a broader debt relief effort under the IMF’s HIPC initiative.
Mali’s military government, facing financial strain, detained the CEO of Australia’s Resolute Mining and two colleagues over a USD 160 mln tax dispute. The junta
Angola’s central bank kept its key interest rate at 19.5% for the third consecutive time, citing concerns about double-digit inflation. Annual inflation eased slightly to
Many African central banks are expected to lower interest rates in the next three weeks, as they worry that the opportunity to ease could narrow
US envoy Amos Hochstein, tasked with Israel-Hezbollah affairs, arrived in Beirut to push for a cease-fire between Hezbollah and Israel. The US has proposed a
Kazakhstan’s central bank announced a return to the mandatory sale of 50% of export revenues by state-owned companies, set to be adopted soon. The bank
The president of Georgia’s breakaway region of Abkhazia resigned days after protesters opposed a planned investment agreement with Russia that occupied a complex of government
Armenia is experiencing a government shakeup as six top government officials, mainly from law enforcement resigned. PM Pashinyan stated that the move follows his personal
Ukraine made its first ATACMS strikes inside Russia, targeting Russia’s Bryansk region after receiving US approval. Russia claimed five missiles were shot down, with one
The US Department of the Treasury affirmed that Vietnam is not manipulating its currency. While Vietnam was on the monitoring list due to its significant
The Philippines posted a balance of payments (BOP) deficit of USD 724 mln in October, reversing a USD 1.5 bln surplus a year earlier. The
Pakistan recorded a current account surplus of USD 349 mln in October, driven by strong workers’ remittances and improved export earnings. This surplus is expected
The USD index (DXY) held steady around 106.1 on Wednesday, as the initial safe-haven boost from the Russia-Ukraine conflict faded. The USD briefly rallied after