Archive for June 12th, 2012

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‚Äôs sizable drop in U.S. share prices, equities fell […] More