Guatemala
Guatemala’s trade deficit narrowed to USD 1.295 bln in March, from USD 1.351 bln in February. Imports rose to USD 2.831 bln, while exports increased
May 9, 2025
Guatemala’s trade deficit narrowed to USD 1.295 bln in March, from USD 1.351 bln in February. Imports rose to USD 2.831 bln, while exports increased
Costa Rica’s CPI fell 0.51% MoM in April, deeper than March’s -0.32%. YoY inflation eased to 0.37% from 1.21%. The biggest price increases were in
The IMF praised Zambia’s reform progress ahead of its fifth ECF review, expected this week. The Fund will likely stress continued momentum amid weaker trade,
Tanzania banned use of foreign currencies in local transactions to support the shilling, which has weakened more than 10% YTD. The ban follows steps by
Rwanda proposed a 21% rise in FY25/26 spending to 7.03 trln francs, with funds allocated to major projects like the Bugesera airport and RwandAir expansion.
Nigeria cleared its USD 3.4 bln IMF pandemic loan, Finance Minister Wale Edun confirmed, leaving only annual SDR charges of about USD 30 mln outstanding.
Guinea cancelled Emirates Global Aluminum’s bauxite license after the firm refused to build a refinery. The decision followed a seven-month export ban aimed at pressuring
Serbia’s fiscal deficit narrowed during the first quarter of 2025, to RSD 27.8 bln (USD 252 mln), from RSD 231 bln in the previous quarter.
Albania central bank held interest rates at 2.75% in May, citing stable inflation and balanced economic conditions. Annual inflation in April rose slightly, to 2.3%,
Ukraine’s central bank is considering moving its currency from being USD based to EUR based, on the back of growing integration with the European Union.
Malaysia’s central bank kept its policy rate at 3%, stating the stance remains consistent with inflation and growth prospects. The bank noted growing downside risks
India escalated retaliatory strikes in Pakistan and Pakistan-administered Kashmir, marking a shift in military posture. Unlike previous surgical strikes, these targeted Punjab, Pakistan’s political and
Bank Indonesia reported that FX reserves fell USD 4.6 bln to USD 152.5 bln at end-April as the central bank intervened to stabilize the rupiah
Trump forecasted progress in China trade talks, noting Beijing may offer concessions. He confirmed a framework trade deal with the UK and tied trade optimism
Crude oil prices rose 3.2% to USD 59.9/bbl, lifted by hopes of US-China trade talks and a new US-UK trade pact. US Treasury Secretary Bessent