Central Bank Watch
Bank of Japan Policy Left Unchanged
February 14, 2011
After meeting for five hours and 52 minutes over two days, the Policy Board agreed unanimously to retain a virtual zero interest rate monetary policy stance (ZIRP). Since October 5, the target on uncollateralized overnight call money has been zero to 0.1%. The target had previously been around 0.1% since December 2008, and it has […] More
New Overnight Developments Abroad - Daily Update
Stronger Asian Stocks and Softer Euro to Start the Week
February 14, 2011
The euro and kiwi are down against the dollar by 0.7% and 0.6%. Other major dollar pairs have changed no more than 0.1% since Friday’s close. Equities rose 3.2% in China, 2.7% in India, 1.9% in South Korea, 1.3% in the Philippines and Hong Kong, 1.8% in Thailand, and 1.1% in Japan and Australia. The […] More
