Macro Analysis /

African central banks favour leaving rates on hold, Fed turns more hawkish

  • Forex: Egyptian Pound remains resilient despite persistent trade deficits

  • Fixed Income: Nigerian and Ghanaian Eurobond yields rise as international oil prices continue to slide

  • Macroeconomic: National Bank of Rwanda is the latest African central bank to leave rates on hold

Kieran Siney
Kieran Siney

Head of African Markets

Takudzwa Ndawona
Takudzwa Ndawona

Financial Markets Analyst

ETM Analytics
19 August 2021
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