{"id":170426,"date":"2020-05-12T14:25:31","date_gmt":"2020-05-12T18:25:31","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=170426"},"modified":"2020-05-12T12:26:10","modified_gmt":"2020-05-12T16:26:10","slug":"update-this-week-in-monetary-policy-moldova-new-zealand-belarus-egypt-mexico-ghana-pakistan","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/05\/update-this-week-in-monetary-policy-moldova-new-zealand-belarus-egypt-mexico-ghana-pakistan\/","title":{"rendered":"UPDATE &#8211; This week in monetary policy: Moldova, New Zealand, Belarus, Egypt, Mexico, Ghana &#038; Pakistan"},"content":{"rendered":"<div id=\"inves-114730741\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">May 12, 2020<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>By <a href=\"http:\/\/www.centralbanknews.info\/\"><u>CentralBankNews.info<\/u><\/a><\/p>\n<div class=\"MsoNormal\" style=\"font-family: Cambria, serif; margin: 0in 0in 0.0001pt;\">\u00a0 \u00a0 (Following item updated with State Bank of Pakistan, which said its monetary policy committee would meet on Friday, May 15 to decide on monetary policy.<\/div>\n<div class=\"MsoNormal\" style=\"font-family: Cambria, serif; margin: 0in 0in 0.0001pt;\">\u00a0 \u00a0 \u00a0Pakistan&#8217;s central bank has cut its policy rate three times this year by a total of 425 basis points following cuts on March 17, at an emergency policy meeting on March 24 and April 16.)<\/div>\n<div class=\"MsoNormal\" style=\"font-family: Cambria, serif; margin: 0in 0in 0.0001pt;\"><\/div>\n<div class=\"MsoNormal\" style=\"font-family: Cambria, serif; margin: 0in 0in 0.0001pt;\">\u00a0 \u00a0 \u00a0This week &#8211; May 10\u00a0through May 16 &#8211; central banks from 7 countries or jurisdictions are scheduled to decide on monetary policy: Moldova, New Zealand, Belarus, Egypt, Mexico, Ghana and Pakistan.<\/div>\n<div class=\"MsoNormal\" style=\"font-family: Cambria, serif; margin: 0in 0in 0.0001pt;\">\u00a0 \u00a0 \u00a0Romania&#8217;s central bank was scheduled to decide on monetary policy on May 12 but its board decided on March 20, when it cut the rate 50 basis points at an emergency meeting, to suspend monetary policy meetings given the high degree of uncertainty surrounding economic and financial developments.<\/div>\n<div class=\"MsoNormal\" style=\"font-family: Cambria, serif; margin: 0in 0in 0.0001pt;\">\u00a0 \u00a0 \u00a0Instead, the central bank&#8217;s board will meet to decide monetary policy when necessary..<\/div>\n<div class=\"MsoNormal\" style=\"font-family: Cambria, serif; margin: 0in 0in 0.0001pt;\">\u00a0 \u00a0 Following table includes the name of the country, the date of the next policy decision, the current policy rate, the result of the last policy decision, the change in the policy rate year to date, and the rate one year ago.<\/div>\n<div class=\"MsoNormal\" style=\"font-family: Cambria, serif; margin: 0in 0in 0.0001pt;\"><\/div>\n<div class=\"MsoNormal\" style=\"font-family: Cambria, serif; margin: 0in 0in 0.0001pt;\">\u00a0 \u00a0 The table is updated when the latest\u00a0decisions are announced and can always accessed by clicking on\u00a0<a style=\"color: purple;\" href=\"http:\/\/www.centralbanknews.info\/p\/this.html\"><span style=\"color: #3c318a; text-decoration: none;\">This Week<\/span><\/a>.<\/div>\n<div class=\"MsoNormal\" style=\"font-family: Cambria, serif; margin: 0in 0in 0.0001pt;\"><\/div>\n<table style=\"border-collapse: collapse; color: black; width: 609px;\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<colgroup>\n<col style=\"width: 65pt;\" span=\"7\" width=\"87\" \/> <\/colgroup>\n<tbody>\n<tr style=\"height: 19pt;\">\n<td class=\"xl65\" style=\"border: none; font-family: Calibri, sans-serif; font-weight: bold; height: 19pt; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap; width: 65pt;\" width=\"87\" height=\"25\">WEEK 20<\/td>\n<td class=\"xl66\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap; width: 65pt;\" width=\"87\"><\/td>\n<td class=\"xl66\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap; width: 65pt;\" width=\"87\"><\/td>\n<td class=\"xl66\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap; width: 65pt;\" width=\"87\"><\/td>\n<td class=\"xl66\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap; width: 65pt;\" width=\"87\"><\/td>\n<td class=\"xl66\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap; width: 65pt;\" width=\"87\"><\/td>\n<td style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap; width: 65pt;\" width=\"87\"><\/td>\n<\/tr>\n<tr style=\"height: 19pt;\">\n<td class=\"xl65\" style=\"border: none; font-family: Calibri, sans-serif; font-weight: bold; height: 19pt; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" colspan=\"3\" height=\"25\">MAY 10 &#8211; MAY 16, 2020:<\/td>\n<td class=\"xl66\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\"><\/td>\n<td class=\"xl66\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\"><\/td>\n<td class=\"xl66\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\"><\/td>\n<td class=\"xl67\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\"><\/td>\n<\/tr>\n<tr style=\"height: 19pt;\">\n<td class=\"xl67\" style=\"border: none; font-family: Calibri, sans-serif; height: 19pt; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" height=\"25\">MOLDOVA<\/td>\n<td class=\"xl68\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">11-May<\/td>\n<td class=\"xl69\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">3.25%<\/td>\n<td class=\"xl67\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">0<\/td>\n<td class=\"xl67\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">-225<\/td>\n<td class=\"xl69\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">6.50%<\/td>\n<td class=\"xl66\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\"><\/td>\n<\/tr>\n<tr style=\"height: 19pt;\">\n<td class=\"xl67\" style=\"border: none; font-family: Calibri, sans-serif; height: 19pt; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" height=\"25\">NEW ZEALAND<\/td>\n<td class=\"xl68\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">13-May<\/td>\n<td class=\"xl69\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">0.25%<\/td>\n<td class=\"xl67\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">-75<\/td>\n<td class=\"xl67\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">-75<\/td>\n<td class=\"xl69\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">1.50%<\/td>\n<td class=\"xl66\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0DM<\/td>\n<\/tr>\n<tr style=\"height: 19pt;\">\n<td class=\"xl67\" style=\"border: none; font-family: Calibri, sans-serif; height: 19pt; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" height=\"25\">BELARUS<\/td>\n<td class=\"xl68\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">13-May<\/td>\n<td class=\"xl69\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">8.75%<\/td>\n<td class=\"xl67\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">-25<\/td>\n<td class=\"xl67\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">-25<\/td>\n<td class=\"xl69\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">10.00%<\/td>\n<td class=\"xl67\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\"><\/td>\n<\/tr>\n<tr style=\"height: 19pt;\">\n<td class=\"xl67\" style=\"border: none; font-family: Calibri, sans-serif; height: 19pt; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" height=\"25\">EGYPT<\/td>\n<td class=\"xl68\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">14-May<\/td>\n<td class=\"xl69\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">9.25%<\/td>\n<td class=\"xl67\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">0<\/td>\n<td class=\"xl67\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">-300<\/td>\n<td class=\"xl69\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">15.75%<\/td>\n<td class=\"xl66\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0EM<\/td>\n<\/tr>\n<tr style=\"height: 19pt;\">\n<td class=\"xl67\" style=\"border: none; font-family: Calibri, sans-serif; height: 19pt; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" height=\"25\">MEXICO<\/td>\n<td class=\"xl68\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">14-May<\/td>\n<td class=\"xl69\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">6.00%<\/td>\n<td class=\"xl67\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">-50<\/td>\n<td class=\"xl67\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">-125<\/td>\n<td class=\"xl69\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">8.25%<\/td>\n<td class=\"xl66\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0EM<\/td>\n<\/tr>\n<tr style=\"height: 19pt;\">\n<td class=\"xl67\" style=\"border: none; font-family: Calibri, sans-serif; height: 19pt; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" height=\"25\">GHANA<\/td>\n<td class=\"xl68\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">15-May<\/td>\n<td class=\"xl69\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">14.50%<\/td>\n<td class=\"xl67\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">-150<\/td>\n<td class=\"xl67\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">-150<\/td>\n<td class=\"xl69\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">16.00%<\/td>\n<td class=\"xl66\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0FM<\/td>\n<\/tr>\n<tr style=\"height: 19pt;\">\n<td class=\"xl67\" style=\"border: none; font-family: Calibri, sans-serif; height: 19pt; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" height=\"25\">PAKISTAN<\/td>\n<td class=\"xl68\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">15-May<\/td>\n<td class=\"xl69\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">9.00%<\/td>\n<td class=\"xl67\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">-200<\/td>\n<td class=\"xl67\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">-425<\/td>\n<td class=\"xl69\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\" align=\"right\">12.25%<\/td>\n<td class=\"xl66\" style=\"border: none; font-family: Calibri, sans-serif; padding-left: 1px; padding-right: 1px; padding-top: 1px; vertical-align: bottom; white-space: nowrap;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0EM<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div class=\"MsoNormal\" style=\"font-family: Cambria, serif; margin: 0in 0in 0.0001pt;\"><\/div>\n<div class=\"MsoNormal\" style=\"margin: 0in 0in 0.0001pt;\"><span style=\"font-family: Arial, Helvetica, sans-serif;\">\u00a0\u00a0\u00a0\u00a0<a style=\"color: purple;\" href=\"http:\/\/www.centralbanknews.info\/\">www.CentralBankNews.info<\/a><\/span><\/div>\n<div class=\"MsoNormal\" style=\"font-family: Cambria, serif; margin: 0in 0in 0.0001pt;\"><\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By CentralBankNews.info \u00a0 \u00a0 (Following item updated with State Bank of Pakistan, which said its monetary policy committee would meet on Friday, May 15 to decide on monetary policy. \u00a0 \u00a0 \u00a0Pakistan&#8217;s central bank has cut its policy rate three times this year by a total of 425 basis points following cuts on March 17, [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-170426","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/170426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=170426"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/170426\/revisions"}],"predecessor-version":[{"id":170430,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/170426\/revisions\/170430"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=170426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=170426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=170426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}