Day: April 17, 2025

Bolivia

A top central bank official in Bolivia confirmed reserves rose to USD 2.3 bln by end-March from USD 2.0 bln in January, largely driven by

Argentina

JPMorgan recommended buying Argentina’s peso-denominated Lecap notes maturing on August 15, 2025, calling the recent FX regime shift a “game changer” for local markets. Strategists

Namibia

Namibia’s central bank held its benchmark rate at 6.75%, citing global trade tensions and FX-driven inflation risks. Governor Gawaxab noted that slower global growth may

Kenya

Kenya expects USD 600 mln in World Bank financing by June and USD 265 mln from the AfDB next week, according to Treasury Secretary John

Kenya

Kenya’s central bank will lift its moratorium on new commercial bank licenses on July 1, ending a freeze in place since Nov. 2015. The decision

Nigeria

Nigeria’s inflation rose to 24.2% YoY in March from 23.2% in February, reversing last month’s decline. Core inflation stood at 24.43%. The increase reflects Eid-related

DR Congo

The central bank of the DR Congo held its benchmark rate at 25%, citing rising global risks. Governor Malangu Kabedi-Mbuyi warned that the Ukraine war,

Iran

Iran refused to negotiate over its uranium enrichment program, warning that shifting US demands could collapse the talks. Tehran criticized contradictory US positions and reaffirmed

Serbia

Serbian lawmakers have approved Djuro Macut as the new Prime Minister, in a move that the government hopes will quell expanding anti-establishment street protests. Analysts

Moldova

A new survey in Moldova shows support for the ruling pro-Europe PAS party is falling, and would attract only 24.4% of the vote currently. A

Kyrgyz Republic

Kyrgyzstan’s next presidential election will take place in January 2027, it has been announced. Local analysts said this could indicate President Japarov is considering running

Kazakhstan

Kazakhstan’s central bank has said foreign investors began reducing portfolio holdings in the country after the US announced new tariffs recently. The NBK added that

Azerbaijan

Azerbaijan’s finance ministry presented a medium term 2026-2029 framework, which includes assumptions of oil prices at USD 65/bbl for the whole period, and the currency

Ukraine

In Ukraine, a minerals deal with the US appears to be in the final stages of negotiation, with Ukrainian officials announcing the two countries will

China

China dismissed the US’s “tariff numbers game” after the White House calculated China’s effective retaliatory tariffs at up to 245%, including a 125% reciprocal tariff,

Bangladesh

A key political party in Bangladesh demanded elections be held by December, warning that delays could escalate political and economic risks. The interim administration led

Philippines

Asian bond curves may steepen further on expectations of monetary easing and rising US Treasury yields. Thailand’s 2s10s spread is at its widest since September,