Archive for June 22nd, 2016

Central Bank Watch

Bank of Thailand Policy Remains on Hold

June 22, 2016

Thailand’s central bank interest rate has been at 1.50% since the last of eight 25-basis point cuts between November 2011 and April 2015. ¬†After unanimously voting to keep that rate level at this month’s meeting, the Monetary Policy Committee released a statement advocating no further cut so as to preserve ” policy space given that […] More

New Overnight Developments Abroad - Daily Update

Modestly Softer Dollar

June 22, 2016

Dollar slippage so far today amounts to 0.6% against the Aussie dollar, 0.5% versus the kiwi, 0.4% relative to sterling and the euro, 0.3% vis-a-vis the yen and loonie and 0.2% against the yuan. Janet Yellen will be reprising her semi-annual testimony on monetary policy and the U.S. economy, this time before the House Financial […] More