Tag: macro outlook
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Ringgit Climbs to Seven-Year High on AI Growth Optimism in Malaysia
Malaysia’s Ringgit Hits Seven-Year Peak amid AI and Growth Optimism The Malaysian ringgit surged to its strongest level in more than seven years as investors grew increasingly confident in the country’s economic trajectory, fueled by optimism over the artificial intelligence (AI) supply chain and a solid growth outlook. The currency traded higher against major peers,…
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Rising Loan Defaults in Nigerian Banks Signal Strain in Credit Market
Rising Defaults Expose Credit Market Strain Recent reports from Nigerian lenders reveal a broad uptick in loan defaults across both households and businesses. The trend, highlighted by financial institutions as well as the Central Bank of Nigeria (CBN), points to growing stress in the country’s credit market even as banks have expanded loan supply and…
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Ethiopia Eyes 7.3% Growth in 2026, Yet Political and Financial Strains Could Dim Momentum
Overview: Strong Growth with Caution on the Horizon Ethiopia is shaping up to be one of the world’s fastest-growing economies in 2026, with FocusEconomics forecasting a 7.3% expansion. This projection places the country among the top performers globally as it continues to implement structural reforms aimed at attracting investment, boosting productivity, and diversifying its economy…