Business Maverick: Unknowns Await Emerging Markets After Biggest Moves Since 2008

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Business Maverick: Unknowns Await Emerging Markets After Biggest Moves Since 2008 By Bloomberg

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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