EconGrapher (< 20)

Monetary Policy Week in Review - 10 March 2012

March 09, 2012 – Comments (0) | RELATED TICKERS: UDN , UUP , EU

The past week in monetary policy and central banking saw just one central bank change interest rates, with Brazil cutting rates 75 basis points to 9.75%.  Meanwhile those that held interest rates unchanged were: Australia 4.25%, Kenya 18.00%, Poland 4.50%, New Zealand 2.50%, EU 1.00%, UK 0.50%, Korea 3.25%, Serbia 9.50%, Peru 4.25%, Canada 1.00%, Malaysia 3.00%, and Indonesia 5.75%.  The Reserve Bank of India also made headlines, cutting its Cash Reserve Ratio by 75 basis points to 4.75%.

Full story: http://www.centralbanknews.info/2012/03/monetary-policy-week-in-review-10-march.html