Sri Lankan Monetary Policy Decision
larrygreenberg @ August 7, 2012 # Comments Off
The Central Bank of Sri Lanka Monetary Board previously hiked its key repo and reverse repo rates by 50 basis points in February and another 25 bps in April. Board members were satisfied at their mid-June meeting that the intended dampening effec…
More on page 10048
Reserve Bank of Australia: Wait and See
larrygreenberg @ August 7, 2012 # Comments Off
At today’s meeting, the Board judged that, with inflation expected to be consistent with the target and growth close to trend, but with a more subdued international outlook than was the case a few months ago, the stance of monetary policy remaine…
More on page 10049
Currency Markets Quiet
larrygreenberg @ August 7, 2012 # Comments Off
The dollar has edged down 0.1% against the loonie, euro, Swissie, Aussie dollar and yuan. The greenback is unchanged against the kiwi, 0.3% lower versus sterling and 0.1% firmer relative to the yen. Share prices rose 1.1% in India and 0.9% in Jap…
More on page 10050