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
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.
Pound Drops on Easing Speculations, BoE Keeps Policy Unchanged
The Great Britain pound fluctuated against the US dollar and slumped versus the euro today on speculations that the UK central bank will boosts its asset purchase program. The bank left the program and its main interest rates unchanged today.
Euro Jumps as ECB Sees Stabilization
January 12th, 2012 at 15:13
The euro climbed today, erasing its yesterday’s losses versus the US dollar and the Japanese yen, after the European Central Bank left the main interest rate unchanged and ECB President said he sees signs that the European economy is stabilizing.
Shekel Rebounds as Central Bank Holds Interest Rates
December 27th, 2011 at 12:19
The Israeli new shekel rebounded today after earlier drop versus the US dollar as the nation’s central bank maintained its key interest rate and predicted that the country’s economy will expand next year.
Bank Rossii Lowers Main Interest Rate as Inflation Slows
December 23rd, 2011 at 9:29
The Bank Rossii (Russia’s central bank) unexpectedly lowered its main interest rate today on the concerns that the inflation decelerates. The Russian ruble is still up against the US dollar despite the news.
Swedish Krona Goes Up to Weekly Record
December 20th, 2011 at 12:42
The Swedish krona climbed today to the highest price in a week on the speculation that the Sweden central bank will leave the interest rates unchanged in the first month of the new year after lowering them this month.