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Zambia’s foreign-exchange reserves have reached new heights at $4.31 billion; however, the currency struggles due to ongoing drought and increased import demands. The kwacha has depreciated significantly, making it Africa’s …
Zambia’s Record-High Foreign-Exchange Reserves Fail to Stabilize Currency Read More
Nigeria’s annual inflation has decreased for the second consecutive month, falling from 24.5% to 23.2%. This trend leads to speculations that the Central Bank may pause interest rate hikes. With …
Nigerian Inflation Declines Again, Impacting Interest Rate Decisions Read More
Peru has held its key interest rate at 4.75% while monitoring the effects of global trade wars. Policymakers noted local inflation stability but acknowledged rising global economic risks. Peru’s inflation …
Peru Maintains Interest Rates Amid Trade War Uncertainties Read More
Grupo Vanti will raise natural gas prices by up to 36% due to supply shortages, necessitating imports of costly liquefied natural gas. Despite rising prices, government officials dispute the need …
Colombia’s Top Natural Gas Distributor Increases Rates by 36% Amid Supply Crisis Read More