Dominican Republic
Dominican Republic’s central bank kept its rate at 5.75% in May after 125 bps of cuts since mid-2024. Inflation remains within target (3.71% headline, 4.13%
June 2, 2025
Dominican Republic’s central bank kept its rate at 5.75% in May after 125 bps of cuts since mid-2024. Inflation remains within target (3.71% headline, 4.13%
Brazil’s credit outlook was revised to ‘stable’ from ‘positive’ by Moody’s, citing slow fiscal progress and rising debt costs. The Ba1 rating was affirmed. S&P
Zambia proposed increasing its parliamentary seats from 156 to 211 and nominated MPs from 8 to 10. The constitutional amendment is under a 30-day consultation
Uganda’s parliament approved USD 500 mln in loans, including USD 270 mln from Afreximbank and USD 230 mln from Eco Bank Uganda and the Development
Rwanda’s producer inflation eased to 2.4% YoY in April from 4.2% in March, the lowest since January. Manufacturing price increases slowed, while energy-related prices remained
Moody’s upgraded Nigeria’s rating to B3 from Caa1, citing improved fiscal and external positions. Inflation and domestic borrowing costs are stabilizing. However, the outlook was
Mozambique’s central bank cut its policy rate (MIMO) to 11% from 11.75%—its ninth consecutive cut—to stimulate growth. The IMF sees GDP growth rising to 2.5%
Kenya’s inflation remained below 5% for the 12th straight month in May, at 3.8% YoY. Analysts believe low inflation reflects weak demand and subdued investment
Serbia’s trade deficit widened by 30.3% YoY to EUR 3.18 bln in Jan–Apr 2025, as import growth outpaced exports, according to official data. Total trade
Ukraine launched drone attacks on multiple Russian airbases deep in Siberia, damaging over 40 military aircraft in one of its boldest operations to date. Kyiv
Ukraine will skip a USD 665 mln payment on GDP-linked warrants due June 2, citing failed restructuring talks. The instruments mature in 2041 and will
China’s NBS Composite PMI rose slightly to 50.4 in May from 50.2 in April, driven by a slower contraction in manufacturing. The uptick reflects easing
Bangladesh’s provisional estimate shows FY25 GDP growth slowing to 3.97%, the weakest since FY20, dragged by agriculture and compounded by export risks linked to energy
Bangladesh will receive USD 1.06 bln in new Japanese financing, including a USD 418 mln development policy loan and USD 641 mln for upgrading the
Gold prices jumped above USD 3,310/oz after Trump threatened to double steel and aluminum tariffs by June 4. The move raised safe-haven demand amid legal
The US Supreme Court allowed the Trump administration to end parole programs for migrants from Cuba, Haiti, Nicaragua, and Venezuela, affecting up to 500,000 people.
US President Trump announced a tariff hike on steel and aluminum imports from 25% to 50%, effective Wednesday, aiming to protect US industry and cut