Central Bank Watch
Bank Indonesia Tightens Again
September 27, 2018
Amid continuing domestic demand-led growth, a greater-than-desired current account deficit, and and external environment that puts many emerging market currencies and the financial markets at some risks, Bank Indonesia’s Board of Governors sanctioned a fifth hike of the seven-day reverse repo rate from its past six meetings. The rate, which now becomes 5.75%, has now […] More
Central Bank Watch
50-Basis Point Increase in Filipino Overnight Reverse Repo Central Bank Rate
September 27, 2018
The Monetary Board at Bangko Sentral ng Pilipinas raised its key interest rate at a fourth straight scheduled monthly meeting and did so in the face of mounting inflationary risk that has persuaded officials to envisage a higher inflationary path going immediately forward. According to a released statement, today’s 50-basis point rate hike and 100 […] More
New Overnight Developments Abroad - Daily Update
All Eyes on the Senate Judiciary Committee
September 27, 2018
The testimonies of Kavanaugh and Blassey Ford start at 10:00 EDT (14:00 GMT). This has been a busy day already from a central banking and data release standpoint. The dollar overnight firmed by 0.7% against the Swiss franc, 0.6% relative to the Aussie dollar, 0.5% vis-a-vis the euro and loonie, 0.3% against the kiwi, 0.2% […] More
