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Economic success will elude Macri in Argentina

Location:

ARGENTINA

The 2018 currency crisis left the economy in one of the deepest downturns of the last decade, repeating the cyclical pattern in place since 2011 of one year of growth followed by…

Central Asia currency woes heighten instability risk

Location:

CENTRAL ASIA

Central Asia's currency problems.

Turkey is facing a severe balance of payments crisis

Location:

TURKEY

The dramatic fall in the lira is turning a currency crisis into a full-blown debt and liquidity crisis. President Recep Tayyip Erdogan is taking an increasingly defiant stand…

Argentina currency crisis highlights policy vacuum

Location:

ARGENTINA

In recent days a severe currency run drove a 12.2% depreciation of the peso and an estimated fall of nearly 5 billion dollars in international reserves (8% of that stock). The…

Zimbabwe's currency crisis may worsen

Location:

ZIMBABWE

Zimbabwe cash crisis.

Zimbabwe may struggle to resolve its economic crisis

Location:

ZIMBABWE

This translates into soaring prices for essential goods with dire implications for the estimated 43% of the population living in extreme poverty. Contributing to the situation is…

De-dollarisation in Africa may exacerbate volatility

Location:

AFRICA

Dollarisation in Africa.

Risk of full-blown Turkish currency crisis is rising

Location:

TURKEY

Despite dramatic depreciation of the lira since early March, the TCMB is likely to continue cutting its benchmark one-week repo rate, now at 8.75%, as it tries to mitigate the…

Hryvnia collapse will put Ukraine's stability at risk

Location:

UKRAINE

In order to receive new IMF lending, the budget also introduces big gas price rises, and increases defence spending. Meanwhile, the hryvnia's disastrous February weakening…

More developing countries will face debt distress

Location:

INTERNATIONAL

EMDC debt distress.