Brazil
Brazil’s central bank, having raised the benchmark interest rate to 14.25%, may halt further rate hikes sooner than expected due to rising recession risks. If
April 8, 2025
Brazil’s central bank, having raised the benchmark interest rate to 14.25%, may halt further rate hikes sooner than expected due to rising recession risks. If
Bolivia’s annual inflation surged to 14.63% in March, up from 13.22% in February. Monthly inflation in March was 1.71%, and year-to-date inflation reached 5%. The
Senegal’s public debt rose to 105.7% of GDP by the end of 2024, according to the IMF, which validated findings from the country’s Court of
Rwanda’s economy has demonstrated strong resilience despite global uncertainties, with robust private consumption, significant investment, and positive performances in services, industry, and agriculture. This growth
Nigeria’s central bank sold USD 197.71 mln to authorized dealers on April 4 to ensure “adequate liquidity” and stabilize the naira. The naira weakened by
Ghana’s central bank will auction USD 120 mln to Bulk Oil Distribution Companies (BDCs) in Q2 2025, the same amount as in Q1. This will
Egypt’s pound fell to a record low, declining over 2% on the offshore market after the global market turmoil triggered by Trump’s tariffs. Foreign portfolio
Jordan’s economy grew by 2.7% year-on-year in Q4 2024, slightly up from 2.6% in Q3. This was the strongest growth since Q3 2023, driven by
Serbia’s president Vucic has nominated outsider candidate Djuro Macut to be the next prime minister, following the resignation of PM Vucevic in January. This decision
Mongolia is to offer domestic government securities for the first time in eight years, the finance ministry has announced. This is expected to support capital
Following a Russian missile attack on Kyiv over the weekend, Ukrainian President Zelensky called on Western partners to provide more support for Ukrainian air defence
Vietnam’s leader To Lam has requested a 45-day delay on the steep 46% tariff that the US plans to impose, in a bid to avoid
Malaysia’s Prime Minister Anwar Ibrahim announced that the country will lead efforts to coordinate Southeast Asia’s regional response to US Trump’s tariffs. Malaysia’s government has
Indonesia’s consumer prices rose by 1.03% YoY in March, recovering from a 0.09% decline in February but falling short of the 1.16% expected increase. Core
India has raised taxes on diesel and gasoline to shore up revenue, though retail fuel prices will remain unchanged as refiners absorb the tax hike.
The USD index (DXY) fell to around 103 on Tuesday, retreating from recent gains as trade uncertainties continued to weigh on the economic and inflation