Peru
Peru’s inflation rate is expected to rise to 2.4% in November, up from 2.0% in October, slightly above the central bank’s forecast but within the
November 29, 2024
Peru’s inflation rate is expected to rise to 2.4% in November, up from 2.0% in October, slightly above the central bank’s forecast but within the
The Dominican Republic’s Central Bank lowered the overnight rate to 6.00%. The decision reflects the international monetary environment, including rate cuts in advanced economies and
Costa Rica has been invited to join the Trans-Pacific Partnership trade bloc, which would bring on plans to boost trade with the dozen other member
The Brazilian real hit a record low, and stocks dropped sharply after a USD 12 bln public spending cut proposal disappointed investors. The currency fell
Bolivia seeks around USD 4.4 bln in foreign debt for 2025, using 22 tons of gold reserves as collateral. The general budget bill allows the
Zambia’s inflation rose to a three-year high of 16.5% in November, driven by the worst drought in a century and a weak kwacha. Rising electricity
Hackers stole 62 bln shillings (USD 17 mln) from Uganda’s central bank, though 37 bln shillings were recovered. The police and auditor general’s office are
Tunisia’s central bank held its key interest rate at 8%, citing risks from inflation, global demand resilience, and rising commodity prices. The board stressed the
Mozambique’s economic growth slowed to 3.7% YoY in Q3 2024, down from 4.5% in Q2. Agriculture grew 2.2%, mining expanded 13.6%, while manufacturing contracted by
Morocco will allow local banks to offload nearly USD 10 bln in junk loans through a secondary market as part of efforts to boost the
Economists are divided over whether Ghana’s central bank will extend its easing cycle or keep rates unchanged before elections. Those expecting no change cite concerns
Iran will meet with Britain, France, and Germany on Friday regarding its nuclear program after the UN atomic watchdog censured Tehran. The talks aim to
Azerbaijan’s foreign debt totaled USD 5.3 bln as of October 1, down 18% from the beginning of the year. Foreign debt represents 7.4% of the
Ukraine secured USD 41 bln in financial aid for 2025. Key commitments include USD 13.7 bln from the EU via the Ukraine Facility, USD 19.1
Vietnam’s central bank will raise credit quotas for select banks to spur loans. Credit growth reached 11.1% as of Nov. 22, below the 15% target.
Moody’s Ratings is reviewing Sri Lanka’s sovereign credit rating for an upgrade, following the nation’s debt restructuring of dollar bonds. The new dollar notes have
Pakistan’s central bank FX reserves increased by USD 131 mln, reaching approximately USD 11.4 bln as of Nov. 22. Net foreign reserves held by commercial
Indonesia’s government debt reached IDR 8,560.36 tln (USD 539.4 bln) by October 2024, with a debt-to-GDP ratio of 38.66%, well below the 60% limit. Most
The rush to secure goods from China before new tariffs, following Donald Trump’s election win, led to a record 3,485 international cargo flights in one