Central Bank Watch
National Bank of Kazakhstan’s Policy Interest Rate Kept at 13.5%
March 9, 2022
Officials at the National Bank of Kazakhstan, a country which like Ukraine had been once part of the Soviet empire, had in emergency session raised their policy interest rate by 325 basis points on February 24, the day Russia invaded Ukraine. Consequently, at today’s scheduled policy review, officials did not move the interest further. Earlier […] More
New Overnight Developments Abroad - Daily Update
A Day of Bottom-Fishing
March 9, 2022
It’s been a rough period for financial market participants since Russia invaded Ukraine on February 24. After large rises in sovereign debt yields, commodity prices, and the dollar juxtaposed against steep drops in equities, investors this Wednesday have taken their cue from the price of oil and pulled back from recent extremes. At $120.80 per […] More
