Central Bank Watch
No Change in Indonesia Monetary Policy
April 20, 2017
As analysts expected, Bank Indonesia’s seven-day reverse repo rate, the main policy benchmark, was left at 4.75%, the level since a sixth and final 25-basis point reduction made during 2016. This occurred last October and followed similar moves in January, February, May, June, and September. Monetary officials also left their overnight deposit and lending rates […] More
New Overnight Developments Abroad - Daily Update
Softer Dollar and Yen
April 20, 2017
The dollar has rebounded 0.5% against the yen but has traded down 0.5% against the Australian dollar, 0.3% relative to the euro, peso and sterling, and 0.2% vis-a-vis the Swiss franc and kiwi. U.S. share prices opened a bit firmer. Japan’s Nikkei and the Shanghai composite index closed unchanged on Thursday. Stocks climbed 1.0% in […] More
