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Brazil’s Central Bank has raised its benchmark interest rate to 14.25% for the third consecutive time to address inflation, which has surged to 5.06% due to rising costs in essential …
Brazil’s Central Bank Increases Interest Rate Amid Rising Inflation Concerns Read More
Peru’s Central Bank has maintained its key interest rate at 4.75%, reflecting the anticipated stability in the face of global trade tensions. Local inflation trends are positive, and economic growth …
Peru’s Central Bank Maintains Steady Interest Rates Amid Global Trade Challenges Read More
Bolivia’s YPFB will utilize cryptocurrency for energy imports amid a dollar shortage. This strategy addresses declining gas exports leading to fuel scarcity and aims to sustain national fuel subsidies. The …
Bolivia Adopts Cryptocurrency for Energy Imports Amid Forex Challenges Read More
In 2024, South Africa’s economy recorded its lowest growth rate in four years at 0.6%, influenced by logistical challenges, weak consumer spending, and drought conditions. Only three sectors contributed positively, …
South Africa’s Economic Growth Declines to Lowest Level in Four Years Read More