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1 – 10 of 12This is the second devaluation of the naira in less than six months on the official foreign exchange (forex) market. The CBN has previously staved off a devaluation despite the…
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DOI: 10.1108/OXAN-DB255029
ISSN: 2633-304X
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SOUTH AFRICA: Fiscal challenges are mounting
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DOI: 10.1108/OXAN-ES251949
ISSN: 2633-304X
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MEXICO: Health crisis threatens widespread hardship
Indicators bottomed out after April. Most economists now expect GDP to contract by 5.5-6.0% this year, a severe blow to an economy that had yet fully to recover the ground lost in…
This will affect consumer borrowing as people become unable to afford new loans or repay old ones, and the housing market may experience a slump. Low-interest loan schemes to stop…
Partial or complete lockdowns are taking a heavy toll on activity, with a pronounced impact on construction (down 70.5%), manufacturing (down 29.5%), hotels and restaurants (down…
During January-September, amid restrictions and social distancing, the economy contracted by just 4.6% year-on-year, helped by the resilience of certain sectors and supportive…
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DOI: 10.1108/OXAN-DB257601
ISSN: 2633-304X
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COVID-19 impact.
Prospects for Turkey to end-2020.
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DOI: 10.1108/OXAN-DB253292
ISSN: 2633-304X
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Geographic
Topical
With the lira at a record low, the Central Bank continued to tighten monetary policy this week, funding the market through competitive one-month repo tenders at rates of around…