Archive for November 16th, 2017

Central Bank Watch

No Change Made in Indonesian Monetary Policy

November 16, 2017

Board officials at this month’s policy meeting left interest rates unchanged. A 4.25% one-week reverse repo rate is flanked y a 3.5% overnight deposit rate and a 5.0% lending rate. After cutting the repo rate by 25 bps each in back-to-back August and September meetings, officials felt the level represents a “neutral” stance, and today’s […] More

New Overnight Developments Abroad - Daily Update

A Better Market Tone

November 16, 2017

There’s been a respite from the recent slide of equities. Japan’s Nikkei closed 1.5% higher, and the German Dax and Paris Cac are up 0.5% and 0.6%. The dollar shows mixed overnight changes, with drops of 0.6% against the Swissie, 0.2% relative to the peso and sterling and 0.1% versus the loonie but upticks of […] More