in its first round of dollar injections using a currency swap line with the Federal Reserve
Central Bank of Egypt will probably keep its benchmark deposit rate on hold on Thursday after cutting rates by a record 300 basis points at an emergency meeting this month, according to Bloomberg EconomicsChina’s PMIs likely bounced back in March from record-low levels as the economy slowly restarted after a prolonged virus shutdown. The numbers are due this week
South Africa’s manufacturing PMI probably fell to 41.1 in March from 44.3 the previous month, data may show on Wednesday. February’s reading was the lowest in more than a decade and well below the level of 50 that separates contraction from growth
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Business Maverick: Cartoon Tuesday with RicoCohen is a business and political journalist and commentator of more years than he likes to admit. His freelance work has included contributions to the Wall Street Journal and the Financial Times, but he spent most of his life working for Business Day.After a mid-life crisis that didn't include the traditional fast car, Cohen now divides his time between Johannesburg and a house situated almost exactly in the middle of nowhere in the Karoo. Recent columns:
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