On 16–18 March, the Central Bank of Nigeria (CBN) announced a set of policy measures to counter the economic impact...
News Category: Monetary Policy
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Nigeria: Central Bank announces stimulus measures in March to combat Covid-19 impact -
Indonesia: Bank Indonesia eases again in March despite weak rupiah At its 18–19 March monetary policy meeting, Bank Indonesia (BI) trimmed the seven-day reverse repo rate to 4.50% from 4.75%... -
Australia: RBA cuts rates to new all-time low and announces quantitative easing in March At an extraordinary monetary policy meeting held on 19 March, in a bid to tame the economic and financial spillovers... -
Taiwan: Central Bank cuts rates for first time since 2016 At its monetary policy meeting on 19 March, the Board of Directors of Taiwan’s Central Bank unanimously decided to lower... -
South Africa: SARB slashes rates as coronavirus darkens economic outlook At its meeting ending 18 March, the Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) unanimously decided... -
Ghana: Bank of Ghana slashes key interest rate to near eight-year low as global pandemic threatens growth In an emergency meeting on 18 March, the Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) slashed its... -
Brazil: COPOM slashes key interest rate to new record low in March At its 17–18 March meeting, the Central Bank of Brazil’s Monetary Policy Committee (COPOM) unanimously voted to cut the benchmark... -
Turkey: Central Bank cuts policy rate and introduces new liquidity measures in emergency meeting in March The Central Bank moved forward its scheduled meeting by two days to 17 March in response to the coronavirus outbreak.... -
Kazakhstan: Central Bank stands pat after hiking rates in previous meeting earlier in March At its 16 March meeting, the National Bank of Kazakhstan decided to maintain the base rate at 12.00%, its highest... -
Vietnam: State Bank of Vietnam slashes interest rates in March to safeguard the economy On 16 March, the State Bank of Vietnam (SBV) reduced several interest rates, with the refinancing rate being cut from...