Wednesday 11 March 2015

Bank Of Korea Cuts Interest Rate, 24th Central Bank To Ease In 2015

The currency war salvos just keep on coming. Following the surprise rate cut by Thailand earlier today, the "surprise" South Korean rate cut means there are now 24 easing policy actions by central banks in 2015 alone. Here is the full list of the 24 central bank rate cuts so far in 2015: 1. Jan. 1 UZBEKISTAN Uzbekistan's central bank cuts its refinancing rate to 9 percent from 10 percent. 2.

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