At an extraordinary monetary policy meeting held on 19 March the Central Bank of Peru (BCRP) decided to cut the...
Latest Global Economic News
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Peru: Central Bank slashes rates to one-decade low in extraordinary meeting -
Angola: Inflation soars to 17-month high Consumer prices in the province of Luanda rose 1.5% from the previous month in February, softening from January’s 1.8% result,... -
Guatemala: Banguat lowers interest rate for first time in over two years in March At its 19 March emergency meeting, the Monetary Board of the Bank of Guatemala (Banguat) unanimously cut the key interest... -
Switzerland: SNB leaves ultra-loose monetary policy in place in March At its meeting on 19 March, the Swiss National Bank (SNB) left the SNB policy rate and the interest rate... -
Dominican Republic: Central Bank slashes rates at emergency meeting in March and announces liquidity injections At an emergency meeting on 16 March, the Central Bank (BCRD) cut a host of interest rates, with the main... -
South Africa: Inflation inches up in February Consumer prices rose 1.0% in February, up from January’s 0.3% increase. According to the Statistical Institute, the acceleration in price... -
Australia: Government approves first-aid stimulus package to cushion coronavirus blow Amid heavy stock market losses and in a bid to shield the economy from the impact of coronavirus, the government... -
Japan: Exports drop for the 15th month running in February Yen-denominated merchandise exports fell 1.0% in February in year-on-year terms, after dropping 2.6% in January, largely due to lower machinery... -
Indonesia: Rupiah plunges despite Central Bank intervention as coronavirus fears cause flight to safety The rupiah traded at IDR 15,218 per USD on 18 March, marking a 10.2% depreciation from the same day of... -
Chile: Economy contracts at sharpest pace in over a decade in Q4 2019 The economy contracted 2.1% in the fourth quarter of last year, contrasting the third quarter’s 3.4% expansion and marking the...