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Kenya and Nigeria are on track to become members of the European Bank for Reconstruction and Development , the bank said on Thursday, as the lender continues its expansion into Sub-Saharan Africa. ... -May 16, 2024 at 12:03 pm EDT - MarketScreener
Two wars and high borrowing costs have trimmed expected growth in countries covered by the European Bank for Reconstruction and Development (EBRD), the bank said in a semi-annual report released on Wednesday. The EBRD, which covers economic trends across emerging Europe, central Asia, the Middle East and Africa, still expects economic growth of 3% across the 40 or so countries it covers, above 2.5% in 2023. "The sad news is that our countries of operation are now affected by a fallout of not one, but two wars: the war in Ukraine and the war in Gaza."
Tensions around Georgia's controversial draft foreign agents law could hit the country's economy and investor confidence, the president of the European Bank for Reconstruction and Development ... -May 07, 2024 at 04:32 am EDT - MarketScreener
The volatility in foreign currency markets over the last month needs to be monitored and carefully managed Indonesia's finance minister said on Tuesday. The gyrations in FX markets...
Interest rates at major central banks remained static in April as the prospect of higher-for-longer U.S. Federal Reserve rates exerted some pressure on policymakers, especially in emerging markets,... -May 03, 2024 at 05:44 am EDT - MarketScreener