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EconGrapher (< 20)

Monetary Policy Week in Review - 21 April 2012

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April 20, 2012 – Comments (0) | RELATED TICKERS: UDN , UUP , EU.DL

The past week in monetary policy saw two major emerging market economy's central banks cut rates; with India cutting by a surprise 50 basis points to 8.00%, and Brazil cutting an expected 75 bps to 9.00%.  The only other bank to adjust rates was Mongolia; hiking 100bps to 13.25%.  Meanwhile those that held interest rates unchanged were: Canada 1.00%, Chile 5.00%, Turkey 5.75%, Sweden 1.50%, and the Philippines 4.00%.

Full Story: http://www.centralbanknews.info/2012/04/monetary-policy-week-in-review-21-april.html


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