Archive for May 20th, 2014

Central Bank Watch

Central Bank of Sri Lanka Leaves Key Interest Rates Unchanged

May 20, 2014

Sri Lankan central bank officials left the reverse repo and repo rates at 8.0% and 6.5%, respectively, as expected.  A released statement stressed benign continuing inflation prospects.  Both rates had been cut by 25 basis points in December 2012, 50 bps in May 2013, and 50 bps in October 2013.  The reverse repo but not […] More

New Overnight Developments Abroad - Daily Update

Weaker Australian and New Zealand Dollars

May 20, 2014

The U.S. currency is 0.7% stronger against the Aussie dollar and up 0.5% relative to the kiwi.  The U.S. dollar otherwise is unchanged against the Swiss franc and Chinese yuan, 0.1% firmer verus the loonie and euro and 0.1% softer against the yen and sterling. Share prices fell 2.4% in Indonesia, 1.1% in Thailand where […] More