Central Bank Watch
Central Bank of Sri Lanka
April 22, 2014
The last central bank rate change was a 50-basis point cut of the reverse repo rate to 8.0%, which cut its premium over the repo rate to 150 basis points from 200 bps. The April Policy Review left key rates unchanged as expected, observed total and core CPI inflation rates of 4.2% and 3.4%. As […] More
New Overnight Developments Abroad - Daily Update
Stronger Kiwi and Aussie Dollar
April 22, 2014
The U.S. dollar’s main overnight moves were declines of 0.5% against the New Zealand dollar and 0.4% versus the Aussie dollar, the latter in spite of another protesting comment from Australia’s Treasurer about the currency’s excessive strength and the central bank’s disinclination to ease further. Otherwise, the dollar is unchanged against the euro and Swissie, […] More