Day: August 14, 2025

Brazil

Brazil’s 10-year government bond yield rebounded to ~13.8% from a one-month low of 13.7% as markets priced in fiscal risks from the US tariff shock

Argentina

Argentina’s consumer prices rose 1.9% MoM in July 2025, up from 1.5% in June and slightly above forecasts, driven by higher food, transport, and hospitality

Zambia

The Bank of Zambia held its key policy rate at 14.5% for the second straight meeting, seeking to consolidate progress in reducing inflation while managing

Nigeria

Nigeria’s oil industry aims to boost production by over 800,000 bpd through six major offshore projects in the Gulf of Guinea, tapping deepwater reserves to

Kenya

CBK Governor Kamau Thugge said Kenya is seeking a new IMF programme after abandoning the final review of its previous USD 3.6 bln facility in

DR Congo

Kenyan President Ruto’s administration plans to raise KES 516.8 bln (USD 4 bln) by securitizing the 2% Railway Development Levy on imports to fund the

Egypt

Standard Chartered Bank said Egypt’s macroeconomic stability remains intact, supported by strong FX inflows from portfolio investments and official sources. The bank expects over half

Egypt

Egypt signed a USD 1 bln agreement with China’s Sailun Group to build an automotive tire factory in the Suez Canal Economic Zone, producing 10

Angola

De Beers, in partnership with Angola’s state-owned Endiama, has discovered a new kimberlite field, its first in 30 years, following initial drilling in a high-priority

Serbia

Serbia’s central bank cut its 2025 GDP growth forecast to 2.75% from 3.5%, citing weaker agricultural output, rising inflation, and lower investor confidence. For 2026

Mongolia

Mongolia’s January to July 2025 trade surplus fell to USD 1.3 bln from USD 2.9 bln a year earlier, as exports dropped USD 1.5 bln

Bosnia and Herzegovina

Bosnia’s top court allowed Republika Srpska President Dodik to pay a fine instead of serving a one-year prison sentence for defying a peace agreement, but

Russia

Russia’s annual inflation eased for a fourth straight month to 8.8% in July 2025, the lowest since October 2024, from 9.4% in June. The slowdown

Russia

Russia’s GDP grew 1.1% in Q2 2025, sharply down from 4% a year earlier, according to early estimates. Last year’s growth was driven by surging

Sri Lanka

In Sri Lanka, All bids for 2032 bonds were rejected at auction, while 2035 bonds were undersold, with yields of 10.97%. 2034 bonds had yielded

Pakistan

Moody’s upgraded Pakistan’s sovereign credit rating to Caa1 from Caa2 with a Stable outlook, citing an improving external position under IMF programme reforms. This follows

Bangladesh

Bangladesh’s government set a USD 63.5 bln export target for FY26, up 16.5% from FY25, focusing on diversifying into non-traditional products and new markets. FTA