Archive for February 27th, 2012

Central Bank Watch

No Change This Month in Israeli Benchmark Central Bank Rate

February 27, 2012

The Bank of Israel’s key interest rate has been kept at 2.5% for the coming month.  At previous monthly meetings, such was cut by 25 basis points in late January, left unchanged in December, reduced 25 bps in late November, held steady at 3% in October and cut a first time back in September.  A […] More

Central Bank Watch

Nine Central Bank Rate Hikes Within a Year in Colombia

February 27, 2012

The Central Bank of the Republic of Colombia on February 24 announced a 25-basis point increase of its overnight lending rate, which now becomes 5.25%.  The first of nine such hikes of equal size was made on February 28, 2011.  Subsequent moves were done in March, April, May, June, July and November of 2011 as […] More

New Overnight Developments Abroad - Daily Update

A Substantial Downward Break in Share Prices

February 27, 2012

Equities dropped by 2.7% in India, 1.9% in The Philippines, 1.6% in Sri Lanka, 1.4% in South Korea, 1.1% in Singapore, 1.0% in Thailand, and 0.9% in Australia, Indonesia and Hong Kong.  In Europe, the British Ftse has so far lost 1.5%, and the German Dax and Paris Cac show declines of 1.2%. Japan’s Nikkei […] More

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