Junk bond default rates continue to decline – Saudi Arabia’s banks could be downgraded – Nigeria’s FX reserves rose to a two-year high – BNDES to tap the international markets in 2018 – Zuma Energia secures project finance facility – Kexim to finance an oil refinery in Iran – Capital outflows from Russia reach US$13bn in first half of 2017 – Naftogaz could seek further compensation from Rosneft
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