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Emerging market stocks and currencies were mostly little changed on Tuesday as investors geared up for inflation readings from across the globe for guidance on monetary policy, as well as elections in... -May 28, 2024 at 05:35 am EDT - MarketScreener
Emerging market stocks and currencies remained stable as investors awaited global inflation data and South Africa's elections. The South African rand strengthened, anticipating potential coalitions despite policy uncertainties. Meanwhile, other developing currencies edged up ahead of the U.S. inflation report, and Zambia's debt restructuring saw significant acceptance.
The debt restructuring negotiations have been held back by differences between China and Western creditors.
MARRAKECH :The International Monetary Fund had not been informed about any specific agreements regarding Sri Lankan debt talks, a fund official said on Wednesday, after China announced it had come to an agreement with the country.Peter Breuer told Reuters on the sidelines of the World Bank IMF annual meetings
Socialist lawyer, surprise right-wing candidate head to Ecuador run-off