Central Bank Watch
National Bank of Moldova Base Rate Cut to 4.25% from 4.75%
February 6, 2024
At 4.25%, the new base rate level in Moldova is just 160 basis points above the pandemic low of 2.65% maintained from November 2020 to July 2021. In between as consumer price inflation in Moldova soared to 35% in October 2022, the central bank reference interest rate had been lifted many times and to as […] More
New Overnight Developments Abroad - Daily Update
Investors Still Unsure about the Coming Down-Path of Interest Rates
February 6, 2024
The DXY weighted dollar index strengthened 0.3% overnight to its strongest level since mid-November. Dollar values against the yen and euro are currently hovering near overnight peak of 148.78 per dollar and $1.0722. Equities in China and Hong Kong recovered an additional 3.2% and 4.0% this Tuesday, lifted by new Chinese restrictions to limit speculative […] More
