National Bank of Belarus

Central Bank Interest Rate Hike in Belarus

April 14, 2021

Accelerating inflation was uppermost on the minds of policymakers at the National Bank of Belarus, who today announced a 75-basis point hike in their refinancing rate to 8.5%. During the first half of 2020, the rate had been cut 25 basis points in Jranuary, 75 bps in May and 25 bps in June to a […] More

Awaiting U.S. Import Prices, Jay Powell’s Speech and Fed’s Beige Book

April 14, 2021

The dollar fell 0.7% overnight against the New Zealand dollar and 0.5% relative to the Turkish lira and Australian dollar. But more senior dollar relationships such as the euro, yen, Swiss franc, sterling, and yuan, the dollar is barely changed and down just 0.1% in weighted terms. For the first time in years, markets have […] More

Softer Dollar, Share Prices, and Sovereign Debt Yields

June 22, 2020

The upswing of global and U.S. Covid-19 infections accelerated over the weekend. Global cases moved above 9 million people, and U.S. deaths from the disease climbed above 122 thousand. The Trump rally in Oklahoma attracted fewer people than anticipated, in part reflecting fear of catching the virus. Street protests in American cities continued. The dollar […] More

css.php