Central Bank Watch
Peruvian Monetary Policy Kept on Hold
October 15, 2012
The main interest rate of the Central Reserve Bank of Peru was left at 4.25%, its level since a 25-basis point hike in May 2011 capped a ten-step uptrend from a trough of 1.25% in the Great Recession. Five of those hikes totaling 175 bps were implemented between May 2010 and September 2010, and the […] More
New Overnight Developments Abroad - Daily Update
A Better Market Tone than Last Week
October 15, 2012
In Europe, share prices have advanced by 1.4% in France, 1.1% in Italy, 0.8% in Germany, 0.6% in Spain, and 0.5% in Britain. Japan’s Nikkei closed up 0.5%, and equities also rose 0.5% in New Zealand. Declines of 0.4% were posted in China and South Korea, however. The dollar has recovered 0.4% against the yen […] More
