Thursday September 25, 6:40 PM
***SNAPSHOT- ASIA KEY OFFICIAL INTEREST RATES***
Taiwan's central bank cut interest rates, surprising
markets with its first cut in five years, as it shifted its
policy to boosting growth from fighting inflation in the face
of the global financial crisis.
The following is a list of key interest rates for major
Asian economies, excluding Japan.
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------- COUNTRY KEY RATES RATE PCT
(PVS)
LAST CHANGE
Taiwan Discount 3.50 (3.625)
Sep 26, 08
China 1-year yuan lending 7.20 (7.47)
Sep 16, 08
1-year yuan deposit 4.14 (3.87)
Dec 20, 07
Hong Kong Discount window 3.50 (3.75)
May 02, 08
South Korea Base rate 5.25 (5.00)
Aug 07, 08
Taiwan Discount 3.625 (3.50)
Jun 26, 08
India Reverse repo 6.00 (5.75)
Jul 25, 06
Repo 9.00 (8.50)
Jul 29, 08
Indonesia Overnight rate 9.25 (9.00)
Sep 04, 08
Thailand 1-day repurchase 3.75 (3.50)
Aug 27, 08
Philippines Overnight borrowing 6.00 (5.75)
Aug 28, 08
Overnight lending 8.00 (7.75)
Aug 28, 08
Malaysia Overnight policy 3.50 (3.25)
Apr 26, 06
Vietnam Discount 13.00 (11.00)
Jun 10, 08
Rediscount 15.00 (13.00)
Jun 10, 08
Base rate 14.00 (12.00)
Jun 10, 08
Singapore sets monetary policy through the Singapore
dollar's trade-weighted exchange rate rather than interest
rates. In a semi-annual review on April 10, 2008, the central
bank tightened policy by shifting up the centre of the secret
band. It maintained a stance of allowing an appreciation of the
trade-weighted currency.
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------- For snapshot of key interest rates for major
industrialised nations please click on [INT/RATE]
For Asian interest rates, click on:
Indonesia - Taiwan -
Hong Kong - Malaysia
South Korea - Other rates -
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