Colombia
Colombian President Gustavo Petro appointed two academics, Laura Moisa and Cesar Giraldo, as co-directors of the central bank. This may lead to a more dovish
January 17, 2025
Colombian President Gustavo Petro appointed two academics, Laura Moisa and Cesar Giraldo, as co-directors of the central bank. This may lead to a more dovish
Argentina’s central bank mandated payment intermediaries to enable debit card transactions in USD by February 28, promoting currency competition. Despite expectations of a rate cut,
Kenya plans to issue sovereign USD bonds to address its widening fiscal deficit, projected at 4.3% of GDP. The government is evaluating macroeconomic conditions and
Benin launched a USD 500 mln bond offering with an 8.625% yield, exceeding USD 3.1 bln in investor demand. The proceeds will support the government
Angola is expanding its 2030 bond program by USD 728 mln to manage upcoming debt payments. The new bonds will have a 10.95% coupon and
Kazakhstan’s central bank has announced plans to “strengthen financial monitoring” of FX operations, to reduce speculation and market volatility. This follows other similar announced measures.
Azerbaijan’s economy grew 4.1% YoY in 2024, up from 1.1% in 2023, according to the State Statistics Committee. The oil and gas sector grew by
Trump’s advisers are developing a sanctions strategy to support a potential Russia-Ukraine diplomatic agreement, with options including providing sanctions relief to Russian oil producers or
Sri Lankan President Anura Kumara Dissanayake secured a USD 3.7 bln investment from China’s Sinopec for an oil refinery and signed 15 agreements to boost
The UAE has agreed to roll over two USD 1 bln deposits for Pakistan, extending the maturity for another year. The deposits were initially set
Nepal’s foreign exchange reserves rose 11.4% to NPR 2.273 tln in mid-December, sufficient to cover approximately 14.6 months of imports. Consumer inflation stood at 6.05%,
Laos’ inflation dropped to 16.9% in December, down from 18.3% in November, driven by a significant increase in housing and utility prices. Meanwhile, Vietnam’s T&T