Central Bank Watch
No Change Made to Bank Indonesia’s 5.75% Reference Policy Interest Rate
June 12, 2012
Officials at Bank Indonesia as expected did not change their monetary policy stance. The most recent monthly change came in February when a 25-basis point reduction was decided. The rate was cut also by 25 basis points last October and 50 bps in November. Such had been cut 300 bps during the Great Recession and […] More
New Overnight Developments Abroad - Daily Update
A Nondescriptive June Tuesday
June 12, 2012
The dollar is unchanged against the euro and Swiss franc, up 0.1% versus the yen, and off 0.3% relative to the loonie and sterling and by 0.1% versus the yuan. Bigger drops of 0.8% and 0.5% have occurred against the New Zealand and Australian dollars. After Monday’s sizable drop in U.S. share prices, equities fell […] More
