Debt Markets

The Central Bank of Nigeria (CBN) unexpectedly cut its benchmark lending rate on Thursday to 12.5% from 13.5%, to stimulate growth following the downturn brought on by the coronavirus pandemic and sharp falls in crude oil prices. This rate cut takes...

General elections were held in Suriname on Monday with early results pointing to a win for the opposition. Final results have still to be published by the election council, and counting has been slow and subject to delays. Yesterday, according to Blo...

Vietnam has issued a new policy to promote the development of solar power projects, commonly known as Decision 13, effective 22 May 2020. While this ends ten months of policy uncertainty, the new feed-in tariffs (FiTs) will only be able to...

Our updated tracker* captures 76 countries that we know of so far that have either sought, or are seeking, emergency help from the IMF or have made drawings under their existing arrangements, or are seeking new ones, in response to the Covid-19 pande...

Retail trade dropped 23.4% y/y in April, well below the 18% y/y market consensus: Retail trade dropped by 23.4% y/y in April, well below our 15% y/y expectation and the 18% y/y consensus forecast. This figure was also worse than the 20.5% y/y decline...

China's fixed Renminbi rate has depreciated 0.7% in the last month, 2.6% ytd, 3.3% in the last year, 8% in the last 5 years.Related readingGeopolitics after Covid-19: US-China cold war, fragmented EU and GCCChina and Hong Kong: 'One country,...