The Russian slid today as Russia’s central bank kept its main interest rates unchanged and crude oil, the main nation’s export, traded near the lowest level in six months.
Interest Rates — News Archive
Loonie Rallies for Third Week, Going to Upside with Commodities
January 28th, 2012 at 13:44
The Canadian dollar was rallying for a third week against the US dollar and the Japanese yen on a back of surging commodity prices. Commodities jumped after the US Federal Reserve announced its intention to keep interest rates low for a prolonged time, leading to weakness of the US currency. The currency was down against the euro for the second week.
NZD/USD Rises to Highest Since September as Trade Balance Posts Surplus
January 28th, 2012 at 5:10
The New Zealand dollar closed higher versus its US counterpart as nation’s trade balance posted an unexpected surplus last month. The currency closed lower against the euro and the Japanese yen.
CAD Jumps to Highest Since November as Fed Keeps Rates Low
January 26th, 2012 at 5:35
The Canadian dollar rallied yesterday and reached the highest since November today versus the US dollar and the Japanese yen as the Federal Reserve plans to keep interest rates exceptionally low till at least late 2014.
Thai Central Bank Cut Interest Rates, Baht Weaker
January 25th, 2012 at 12:23
The Thai baht fell today after the nation’s central bank reduced its key interest rate in an attempt to spur economic growth that has slowed last year because of the biggest floods in almost 70 years.
Indian Rupee Rises. Gains Unsustainable?
January 24th, 2012 at 6:59
The Indian rupee strengthened today after the Indian central bank kept its key interest rate unchanged in an effort to support the nation’s economy and the currency, but outlook for the rupee remained bearish.
Mexican Peso Highest Since October as Rates Remain Unchanged
January 20th, 2012 at 18:14
The Mexican peso jumped today to the highest level since October as the nation’s central bank refrained from cutting interest rates as high consumer prices hurt country’s economic growth.
South African Central Bank Keeps Rates Steady, Rand Maintains Gains
January 20th, 2012 at 7:01
The South African rand kept its gains today after the South African Reserve Bank left its main interest rate unchanged at yesterday’s monetary policy meeting to support recovery of the nation’s economy.
Rand Weakens as No Change to Monetary Policy Expected, Rebounds
January 19th, 2012 at 9:01
The South African rand was weaker today as analysts speculated that the nation’s central bank will keep interest rates unchanged at today’s monetary policy meeting. The rand rebounded currently.
Won Climbs as BoK Maintains Interest Rates
January 13th, 2012 at 16:32
The South Korean won gained today as the nation’s central bank maintained its main interest rate to rein inflation and support country’s economic growth.