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EconGrapher (< 20)

Monetary Policy Week in Review - 14 April 2012

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April 13, 2012 – Comments (0) | RELATED TICKERS: UDN , UUP , EU.DL

The past week in monetary policy saw 12 central banks announce interest rate decisions.  Those that cut rates were: Vietnam -100bps to 13.00% and Mozambique -25bps to 13.50%, while Ghana increased +100bps to 14.50%.  Those that held interest rates unchanged were: Russia 8.00%, Japan 0.10%, Armenia 8.00%, Indonesia 5.75%, Fiji 0.50%, Pakistan 12.00%, Korea 3.25%, Serbia 9.50%, and Peru 4.25%.  Also making headlines in monetary policy was an announced monetary policy tightening by the Singapore Monetary Authority, a 150 basis point cut to the RRR by Croatia, and selected reductions of the RRR by the People's Bank of China.
Full story: http://www.centralbanknews.info/2012/04/monetary-policy-week-in-review-14-april.html

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