Central Bank Watch
Thailand and Mauritius Central Bank Rate Hikes
September 28, 2022
The Bank of Thailand’s policy rate was lifted 25 basis points as expected to 1.0%. That was the second such increase, the first being done just last months. At 1.0%, the rate remains 25 basis points less than Thailand’s pre-pandemic level of 1.25%. CPI inflation had climbed to 7.86% by August, but BOT officials project […] More
New Overnight Developments Abroad - Daily Update
U.S. Official Rhetoric Restores Dollar’s Upward Trajectory
September 28, 2022
There will be no Plaza Accord this time, according to U.S. National Economic Council Director Brian Deese. The dollar had doubled in value against such currencies as the German mark from late 1980 to early 1985 and was generating big strains in trade flows. The dollar had corrected partly in the spring but was threatening […] More
