Archive for May 10th, 2013

Central Bank Watch

Central Reserve Bank of Peru Left Reference Interest rate at 4.25%

May 10, 2013

Peru’s central bank interest rate has been at 4.25% since a 25-basis point increase in May 2011.  It was raised by 400 bps in 2010-2011 after being reduced in 2009 from 6.5% to 1.25%.  A statement released by monetary authorities after Thursday’s meeting reaffirmed that GDP is projected to expand this year at close to […] More

New Overnight Developments Abroad - Daily Update

Resumed Yen Slide Continues

May 10, 2013

The yen touched lows today of 101.75 per dollar and 132.29 per euro and is 1.1% softer against the U.S. currency than at Thursday’s close. The U.S. dollar also has risen 0.9% against the Swiss franc, 0.8% versus the kiwi, 0.7% relative to the Australian dollar, 0.3% against the euro and pound, 0.2% versus the […] More