Egypt Surprises With Rate Hike Even as Devaluation Delayed
Egypt unexpectedly resumed its cycle of monetary tightening, seeking to tame inflation that’s running at an all-time high.
2023-08-04 13:46
Turkish Inflation Surges More Than Forecast to End Long Slowdown
Turkish inflation ended its eight-month deceleration in July, putting it on track for a surge that the central
2023-08-03 15:18
Saudi Arabia Borrowing Rate Hits Record High, Hitting Businesses
A key gauge of borrowing costs in Saudi Arabia has risen to a record, potentially hitting businesses and
2023-08-01 15:15
Traders Go to US for Argentina Stocks to Hedge Election Bet
Investors are starting to make the most tentative of moves back into Argentine stocks, looking at a potential
2023-08-01 03:54
Dawn of Interest-Rate Pivots Unlocks Risk in EM’s Standout Trade
One of the year’s top fixed-income trades is facing a critical juncture in Latin America as bond investors
2023-07-30 20:16
Charting the Global Economy: Fed, ECB Press on With Rate Hikes
The Federal Reserve, European Central Bank and Bank of Japan headlined a pivotal week for central banks, with
2023-07-29 17:25
Hedges Against Risk of Yen Surge Hit Four-Month High Before BOJ
Traders are ramping up protection against a surge in the yen as speculation remains alive that the Bank
2023-07-27 09:55
Egypt Tries to Coax Dollars Back With Higher Savings Returns
Egypt’s biggest state-owned lenders are dangling higher returns on dollar-denominated certificates of deposit to foreigners and locals, in
2023-07-26 19:17
IMF Chief Economist Suggests BOJ Move Away From Yield Control
The International Monetary Fund said Japan’s inflation risks are on the upside, and it recommends the Bank of
2023-07-26 11:25
IMF Says Revised Deal With Argentina Expected in Coming Days
The International Monetary Fund expects to conclude a review of its $44 billion financing program to Argentina in
2023-07-24 01:55
Ghana’s Debt Rises 20% in Four Months as Central Bank Loans Added
Ghana’s public debt increased by a fifth in just four months, driven partly by the inclusion of short-term
2023-07-22 21:21
African Central Banks to Keep Interest Rates Tighter for Longer
African central banks due to decide on interest rates in the next three weeks are set to keep
2023-07-18 11:59