Indian inflation exceeds 11% in November

Source: Bloomberg
The consumer price index in India surged 11.24% in November of this year on the annual basis, while the Central bank could reject to increase the main interest rate, as the industrial production declined. The total output shrank 1.8% in October, more than economists predicted before. The current key interest rate is 7.75%, which has already been increased in September by 50 basis points.
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Thu, 12 Dec 2013 16:26:03 GMT

Swiss CB keeps the exchange rate limit unchanged

After the Thursday meeting, the Swiss National Bank decided to keep the limit for franc-euro exchange rate at the previous level of 1.20, as this floor supports the economy and exports in Switzerland and is decreasing the pressure on the franc. At the same time, the Libor forecast for franc was kept at 0.25%. Moreover, it was announced that the

Thu, 12 Dec 2013 11:42:05 GMT

Kiwi strengthened on signs Reserve Bank may increase rates

The New Zealand's currency advanced on Thursday rising against the majority of its most-traded peers and reaching the five-year peak versus the Aussie amid speculation that the Reserve Bank of New Zealand may raise its benchmark interest rates as the economy improves. The so-called Kiwi grew 0.3% to 82.84 U.S. cents, it added 0.5% to 84.98 yen and traded at

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