Central Bank Watch
Rate Hikes in Kazakhstan and Tajikstan
October 25, 2021
Two central banks from the former Soviet empire raised interest rates in response to rising and above-target inflation. The National Bank of Tajikstan lifted its policy rate by 25 basis points to 13.25%. The rate had been raised previously this year by a full percentage point in both April and July after an initial 25-basis […] More
New Overnight Developments Abroad - Daily Update
Dollar and Equities Buoyant in Spite of Geopolitical Tensions, Inflation Concerns, and Softer Confidence
October 25, 2021
China’s government has locked down parts of the country to combat a new spread of Covid-19. The global death count from the disease is likely to cross above 5 million victims later this week. A fresh Russian cyber attack on U.S. government and corporate networks has been revealed. Turkish President Erdogan is threatening the expulsion […] More