February 6, 2018/IMF Mongolia’s economy is recovering, reflecting strong international demand for commodities and improving confidence; key macro-economic quantitative targets, including the fiscal deficit and international reserves, have been achieved by large margins. Risks include a correction in external demand for commodity exports and rising fuel prices. It is, thus, […]
World News
AfDB approves ZAR 140-million loan to Promote African Local Currency Bond, Capital Markets in Africa
AfDB funding seeks to promote local currency bond issuers and develop domestic capital markets across the continent 5/2/2018/AfDB The Board of the African Development Bank has approved a ZAR 140-million loan (about US $10 million) to the African Local Currency Bond Fund (ALCB Fund), to further enhance the Fund’s portfolio […]
Oil prices fall for third day as inventory build-up weighs
30/1/2018/Reuters Aaron Sheldrick, Henning Gloystein Oil prices fell for a third day on Wednesday after data from an industry body showed crude stocks rose more than expected last week, while a selloff in other commodities, stocks and bonds added to investors’ bearish mood. Brent crude, the global benchmark, was down […]
