Day: April 11, 2025

Peru

Peru’s trade surplus expanded to USD 2,109 mln in February 2025, up from USD 1,645 mln in the previous year. Exports increased by 15.2%, with

Costa Rica

The Central Bank of Costa Rica (BCCR) decided to keep its monetary policy rate (MPR) unchanged at 4.0%. The MPR has remained at this level

Uganda

A parliamentary report reveals that Uganda owes suppliers and contractors approximately UGX 13.8 tln, with UGX 1.1 tln allocated in the upcoming fiscal year to

Senegal

Senegal’s consumer prices fell 0.2% YoY in March 2025, the first decline in four periods. This was driven by lower food prices and declines in

Nigeria

Nigeria’s recently approved 54.99 tln naira budget is under pressure due to a sharp decline in global oil prices and domestic production challenges. The budget

Kenya

The Kenyan shilling has remained stable since August, supported by proactive measures from the Central Bank of Kenya (CBK), elevated interest rates, and tightened foreign

Uzbekistan

Uzbekistan’s government signed several agreements with the US to explore critical and rare earth mineral deposits. This follows a memorandum of understanding signed in September

Serbia

The Serbian central bank has held policy rates at 5.75%, in line with expectations. Inflation remains within expected levels, and towards the upper end of

Tajikistan

In Tajikistan, the ADB forecasts economic growth of 7.4% this year and 6.8% in 2026, following growth of 8.4% last year. It expects the economy

Kyrgyz Republic

Authorities in Kyrgyzstan say they foiled a “coup attempt”, with plotters attempting to organize mass riots and subsequently launch a coup. The secret police said

Azerbaijan

The IMF forecasts that assets of Azerbaijan’s state oil fund SOFAZ will steadily increase over the coming years from USD 60.0 bln at the end

Sri Lanka

The IMF is collaborating with Sri Lanka to complete the fourth review of its USD 2.9 bln loan program. The IMF praised Sri Lanka’s reform

Philippines

Net foreign direct investment (FDI) in the Philippines dropped by 20% YoY to USD 0.7 bln in January 2025, mainly due to a sharp decline

Malaysia

Officials from China, Japan, and South Korea met in Malaysia to discuss the impact of US tariffs on global and regional economies. The talks took

China

The USD index (DXY) fell to around 100 on Friday, marking its lowest level in three years. Investors are wary of the potential impact of