In February, FASB plans to release a proposal to add a fifth
benchmark interest rate to the acceptable rates for hedge accounting.
The apex bank held its
benchmark interest rate at 4 percent on Thursday.
The Board of Directors of Banco de la Repblica, at todays meeting, decided to reduce the
benchmark interest rate by 50 bp to 6.
Summary: The State Bank of Pakistan (SBP) on Saturday left the
benchmark interest rate unchanged at 5.
At the same time however the job market slowed, which led to the Fed's decision to leave its
benchmark interest rate unchanged, the Fed says in its statement on monetary policy.
central bank on Wednesday announced to raise
benchmark interest rate by 25 basis points, the first interest rate increase since 2006, marking the end of an era of extraordinary easing monetary policies.
The Canadian dollar took another surprise dive on July 15 after Canada's central bank lowered its
benchmark interest rate to 0.
Most Federal Open Market Committee participants reiterated their view that the Fed will refrain from raising the
benchmark interest rate until 2015.
The
benchmark interest rate in Pakistan was last recorded at 10 percent.
M2 EQUITYBITES-November 7, 2013-European Central Bank cuts
benchmark interest rate to a record low of 0.
FRANCFORT (TAP) - The European Central Bank (ECB) has cut its
benchmark interest rate to a new record low amid ongoing worries about the eurozone's economic health.
The Bank of Korea (BOK) lowered its
benchmark interest rate by 25 basis points to 2.