OPINION/EDITORIAL

Asia Sails Into Headwinds From Rate Hikes, War, and China Slowdown

Credit: Markus Winkler/iStock by Getty Images REGIONAL ECONOMICS October 13, 2022/IMFBlog Krishna Srinivasan , Shanaka J. Peiris Asia’s strong economic rebound early this year is losing momentum, with a weaker-than-expected second quarter. We have cut growth forecasts for Asia and the Pacific to 4 percent this year and 4.3 percent […]

Gross Official Reserves Declined by USD772m to USD38.2bn in September 2022

October 13, 2022/FBNQuest Research Data from the central bank of Nigeria (CBN) shows that Nigeria’s gross official reserves declined  for the second consecutive month by around -USD772m to USD38.2bn in September. The decrease is the most significant since May, when gross official reserves dropped by almost -USD1.1bn. As such, some […]

Nigeria’s improved Terms of Trade in Q2-2022

October 13, 2022/United Capital Research According to the Q2-2022 Commodity price indices and Terms of Trade (TOT) report by the Nigerian Bureau of Statistics (NBS), the All-Products TOT Index on average rose by 11bps, with the highest price increases in “Wood and articles of wood, wood charcoal and articles”, “Paper […]