At an emergency meeting ending on 14 April, the Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB)...
News Category: Monetary Policy
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South Africa: SARB slashes rate to record low as coronavirus darkens economic outlook -
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... -
Poland: Central Bank slashes rates to fresh all-time low in April; reinforces quantitative easing On 8 April, the National Bank of Poland (NBP) slashed the reference rate from 1.00% to a new record low... -
Australia: RBA keeps rates at all-time low in April; reaffirms quantitative easing measures At a monetary policy meeting held on 7 April, the Reserve Bank of Australia (RBA) decided to keep the cash... -
Israel: Bank of Israel cuts rates and introduces extra monetary easing measures in April At its 6 April meeting, the Bank of Israel (BoI) cut its policy rate from 0.25% to 0.10%, announced a... -
Kazakhstan: Central Bank unexpectedly cuts the base rate in April At an emergency meeting on 3 April, the National Bank of Kazakhstan slashed the base rate to 9.50% from 12.00%,... -
Egypt: Central Bank urgently acts to mitigate coronavirus risks At its scheduled monetary policy meeting on 2 April, the Central Bank of Egypt (CBE) left all interest rates unchanged,...