BizSugar.com › News › Monetary Policy Week in Review - 24 Dec 2011

The past week in monetary policy featured decisions from 8 central banks around the world from Europe to Africa. Those that changed interest rates were; Sweden -25bps to 1.75%, Hungary +50bps to 7.00%, and Russia -25bps to 8.00%. Meanwhile, those that announced no changed to interest rates were; Morocco 3.25%, Japan 0.10%, the Czech Republic 0.75%, Ghana 12.50%, and Turkey 5.75%. Brazil also announced some fine tuning measures to the way it pays interest on reserves, effectively further loosening monetary policy settings.