In an unscheduled press conference on 17 April, Reserve Bank of India (RBI) Governor Shaktikanta Das announced additional monetary policy...
News Category: Monetary Policy
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India: Reserve Bank of India governor announces unscheduled easing measures -
Philippines: BSP slashes rates to lowest level since introduction of corridor system in 2016 in April At an off-cycle monetary policy meeting on 16 April, the Central Bank of the Philippines (BSP) cut the overnight reverse... -
Canada: Bank of Canada keeps rates unchanged in April but draws on other policy tools to enhance liquidity On 15 April, the Bank of Canada (BoC) kept its target for the overnight rate at 0.25%, its effective lower... -
Uruguay: Central Bank intervenes to support credit and liquidity In two subsequent decisions on 19 March and 1 April, the Central Bank of Uruguay adopted measures to stimulate credit... -
Indonesia: Bank Indonesia leaves rates unchanged in April but cuts reserve requirements At its 13–14 April monetary policy meeting, Bank Indonesia (BI) left the seven-day reverse repo rate at 4.50%. The Bank... -
South Africa: SARB slashes rate to record low as coronavirus darkens economic outlook At an emergency meeting ending on 14 April, the Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB)... -
Argentina: Central Bank intervenes to palliate economic slump from coronavirus in March In two subsequent decisions on 19 and 26 March, the Central Bank of Argentina (BCRA) adopted measures to improve the... -
Korea: BOK keeps the base rate at historic low in April On 9 April, the Bank of Korea (BOK) voted to keep the base rate at 0.75%, following a 50-basis-point cut... -
Serbia: National Bank of Serbia cuts policy rate in April On 9 April, the Executive Board of the National Bank of Serbia (NBS) lowered the key policy rate by 25... -
Peru: Central Bank slashes policy rate to 0.25% amid Covid-19 pandemic The Central Bank of Peru (BCRP) decided to chop the policy interest rate by 100 basis points at an extraordinary...