Argentina
Argentina’s government is seeking USD 20 bln from the IMF or external lenders to help accelerate the dismantling of FX controls. The plan involves repurchasing
January 8, 2025
Argentina’s government is seeking USD 20 bln from the IMF or external lenders to help accelerate the dismantling of FX controls. The plan involves repurchasing
South Africa’s gross FX reserves declined slightly to USD 65.459 bln in December 2024, from USD 65.859 bln in November. The drop was attributed to
Kenya’s GDP growth decelerated to 4% in Q3 2024, the slowest pace in almost four years, driven by declines in key sectors, including construction, mining,
A panel of experts in Israel recommended an additional 13 bln shekels (USD 3.6 bln) in annual military spending to prepare for potential confrontations on
The Deputy Governor of Kazakhstan’s central bank has said they are willing to provide additional FX supply from their reserves for market intervention, in case
In Azerbaijan, central bank reserves fell to USD 10.96 bln at the end of December, down from USD 11.61 bln a year earlier. In the
Ukraine’s foreign reserves rose to USD 43.8 bln in December, from USD 39.9 bln a month before, supported by an inflow of USD 9.5 bln
Russia’s seaborne crude exports fell to the lowest level since August 2023, with a decline of 540,000 barrels per day since October. Shipments from western
The Russian central bank forecasts that poor food harvest will fuel food inflation this year, adding to current inflationary pressures of an overheating economy and
Vietnam’s central bank is monitoring the dong, which recently fell to a record low, and pledged to stabilize the currency while controlling inflation. The bank
Sri Lanka’s President will visit China ahead of his first national budget, which will focus on sustaining the country’s recovery from its 2022 economic crisis.
Indonesia aims for USD 294.5 bln in exports in 2025, a 7.1% increase from 2024’s projected USD 274.9 bln, with a focus on boosting exports
India revised its GDP growth projection for FY24 to 6.4%, down from 8.2% in the previous year, marking the weakest growth since the pandemic. Economists,