Central Bank Watch
Central Bank of Sri Lanka
February 17, 2014
Monetary officials announced no further changes now in Sri Lanka’s 8.0% reverse repo (lending) rate of 6.5% repo rate. The lending rate had been cut by 50 basis points at the prior policy review on January 2, and both rates previously were reduced by 25 bps in December 2012, 50 bps in May 2013, and […] More
Central Bank Watch
Central Bank of the Russian Federation
February 17, 2014
The Board of Directors affirmed that its key macroeconomic interest rate would continue at 5.5%, the level since the rate structure was clarified last September 13 to lend more transparency to monetary policymaking. In the statement explaining the reasons for keeping the present policy stance in spite of above-target inflation, the Board observed Factors that […] More
New Overnight Developments Abroad - Daily Update
Divergent Data Reports in Japan and China
February 17, 2014
The lack of U.S. leadership on this President’s Holiday held down currency movement. The dollar is unchanged against the euro after touching a 3-week low of 1.3725 overnight. The greenback is also flat against the Swissie, Aussie dollar and sterling. The dollar is up 0.1% against the yen and kiwi, but down by 0.3% relative […] More
