Thursday, May 21, 2015

UPDATE-This week in monetary policy: Indonesia, Nigeria, Turkey, South Africa, Japan and Pakistan

     (Following item has been updated to include Pakistan)
    This week (May 18 through May 23) central banks from six countries or jurisdictions are scheduled to decide on monetary policy: Indonesia, Nigeria  Turkey, South Africa, Japan and Pakistan.
    Following table includes the name of the country, its MSCI classification, the direction of the latest decision, the date the new policy decision will be announced, the current policy rate, and the rate one year ago.
    The table is updated when the latest decisions are announced and can always accessed by clicking on This Week.

COUNTRY MSCI  LATEST              DATE   CURRENT  RATE         1 YEAR AGO
INDONESIA EM UNCH. 7.50% 7.50% 7.50%
NIGERIA FM UNCH. 13.00% 13.00% 12.00%
TURKEY EM UNCH. 7.50% 7.50% 9.50%
SOUTH AFRICA EM UNCH. 5.75% 5.75% 5.50%
JAPAN DM UNCH.                  N/A                  N/A                  N/A
PAKISTAN FM CUT 23-May 8.00% 10.00%



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