Banks Argentina slashes benchmark rates to 80% Aya El Sayed Mar 12, 2024 0 Argentina’s central bank has reduced its benchmark interest rate from 100 per cent to 80 per cent, which aligns…
Feature Default risk in emerging markets decreases Aya Anwar Mar 10, 2024 0 The risk of government defaults in emerging markets is diminishing, fueling a bond rally, especially in junk-rated…
Feature IMF cuts Argentina ’24 growth forecast to 2.8% Nada Ali Jan 30, 2024 0 Argentina 2024 economic growth is expected to see a 2.8 per cent contraction below the October estimate of 5.6 per…
Feature BRICS expands: Egypt and 4 more countries to join as of January 1 Aya El Sayed Dec 31, 2023 0 The BRICS group is doubling its membership on January 1, as the UAE, Saudi Arabia, Egypt, Iran, and Ethiopia will…
Egypt News Egypt to be full member of BRICS starting January 2024 Nada Ali Aug 24, 2023 0 South African President Cyril Ramaphosa declared an invitation to Egypt, Ethiopia, Argentina, Iran, Saudi Arabia,…
Banks IMF set to reach deal with Argentina Yassmine Elbehnaihy Jul 24, 2023 0 The International Monetary Fund (IMF) is set to finalise the basis for a staff level agreement with Argentina over…
International News Argentina to pay its IMF debt with yuan due to dollar shortage Nada Ali Jul 3, 2023 0 For the first time, Argentina paid $2.7 billion to the International Monetary Fund (IMF) in a payment that came in…
Feature BRICS receives membership requests from 19 countries Nada Ali Apr 26, 2023 0 Nineteen countries expressed an interest in joining the BRICS group of nations, including 13 countries have…
International News Argentinean inflation exceeds 100% Yassmine Elbehnaihy Mar 15, 2023 0 Argentina’s annual inflation rate exceeds 100 percent in February, the country’s first time since 1991, when the…
forex news Brazil, Argentina mulls to issue single currency Nada Ali Jan 22, 2023 0 Brazil and Argentina plan to announce preparations for issuing a common currency in the near future, in a move…