A benchmark index for Indian equities markets Tuesday rose in early trade ahead of the monetary policy review by the Reserve Bank of India which is expected to result in a hike of key interest rates. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 19,227.42 points, was ruling at [...]
Posts Tagged ‘Monetary’
Sensex rises, monetary policy awaited
January 25th, 2011 |
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Singapore central bank slightly tightens monetary policy
October 14th, 2010 |
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Singapore’s central bank tightened monetary policy on Thursday, maintaining a modest and gradual appreciation of its currency but slightly increasing the slope of the band in which it is maintained.
The decision came as the government published preliminary data that showed third-quarter GDP fell at an annualised and seasonally adjusted rate of 19.8%.
Singapore to review fund management industry rules
April 21st, 2010 |
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The Monetary Authority of Singapore said it will review the regulation of the city-state’s fund management industry, including hedge-fund and private-equity managers and how they interact with investors.
Singapore tightens monetary policy as economy surges
April 14th, 2010 |
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Singapore’s central bank tightened monetary policy today to stem inflationary pressures that have grown with the island’s sharp recovery from last year’s slump.
The move, which came as the government reported surprisingly fast surge in economic growth for the first quarter, suggests the authorities believe the economy — and the outlook for its export markets — is strong enough for them to shift their focus from spurring the recovery to keeping consumer prices in check.
The news sent the Singapore dollar sharply higher, with the US currency falling to $1.3785, its lowest since Dec 3, from around $1.3927.
MAS tightens monetary policy
April 14th, 2010 |
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Singapore’s central bank tightened its monetary policy today by re-centring its Singapore dollar policy band upwards and by shifting its policy to modest and gradual appreciation for the currency.
The decision came as the economy expanded 13.1% in the first quarter of 2010 from a year earlier, preliminary government data showed today.
Central bank cuts key rate
April 8th, 2010 |
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The Monetary Board of the National Bank of Serbia (NBS) today reduced the reference interest rate from 9 to 8.5 percent, the central bank stated. The Monetary Board took into consideration that the core inflation recorded zero growth in the first quarter of 2010 and that the total inflation is below lower limit of the target.
European Monetary Fund backed in Germany
March 9th, 2010 |
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Momentum couldn’t be greater to create a European Monetary Fund, financial experts say. But who, they ask, should pay for it? With Greece on the brink of bankruptcy and Portugal in a bind, Germany has joined France in calling for a new system to rescue indebted nations in the eurozone – a European Monetary Fund, or EMF.
Key policy rate remains 9.5 pct
February 4th, 2010 |
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The Monetary Policy Committee of the National Bank of Serbia (NBS) decided at today to keep the key interest rate unchanged at 9.5 percent. The next session of the Monetary Policy Committee will be held on February 19, the NBS stated.
NBS key interest rate remains 9.5 pct
January 12th, 2010 |
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The Monetary Board of the National Bank of Serbia (NBS) decided on Tuesday to keep the reference interest rate at 9.5 percent. The next session of the Monetary Board will be held on January 21, the central bank stated.
C-bank keeps key interest rate at 12 pct
August 10th, 2009 |
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The Monetary Board of the National Bank of Serbia (NBS) has decided to keep the reference interest rate at 12 percent. The next meeting of the Monetary Board will be held on September 4, a statement from the central bank said in Belgrade on Monday.