Central Bank Watch
Central Bank of the Republic of China (Taiwan)
September 29, 2016
Monetary officials agreed to leave Taiwan’s discount rate unchanged at 1.375%, which is an accommodative stance according to a statement released today. The interest rate was cut by 12.5 basis points at each of the previous four quarterly policy reviews stretching back to September 2015. Monetary stances have remained easy at the central banks in […] More
Central Bank Watch
Czech National Bank Leaves Policy Unchanged
September 29, 2016
Czech monetary officials still expect policy settings to remain as is until mid-2017. The policy interest rate has been at a mere 0.05% since November 2012, and the near-zero interest rate policy was supplemented a year later by the establishment of an intervention-enforced koruna cap at 27 per euro. A statement released today notes that […] More
New Overnight Developments Abroad - Daily Update
A Complicated and Contradictory Day of News
September 29, 2016
India announced it had delivered surgical strikes on militant terrorist camps just within Pakistan. Pakistan’s government is denying the accusation and India’s claim that the strike inflicted heavy casualties. The one thing certain is that the incident constitutes an escalation of one of the world’s most serious potential hotspots. The Indian rupee lost 0.6%, and […] More
