{"id":26416,"date":"2012-01-06T15:12:00","date_gmt":"2012-01-06T20:12:00","guid":{"rendered":"http:\/\/countingpips.com\/fx\/2012\/01\/06\/bank-of-cape-verde-raises-rate-150bps-to-5-75\/"},"modified":"2012-01-06T15:12:00","modified_gmt":"2012-01-06T20:12:00","slug":"bank-of-cape-verde-raises-rate-150bps-to-5-75","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/01\/06\/bank-of-cape-verde-raises-rate-150bps-to-5-75\/","title":{"rendered":"Bank of Cape Verde Raises Rate 150bps to 5.75%"},"content":{"rendered":"<p>The <a href=\"http:\/\/www.bcv.cv\">Banco de Cabo Verde<\/a> (Bank of Cape Verde) increased its minimum cash availability ratio (DMC) by 200 basis points to 18.00% from 16.00%, and its base interest rate by 150 basis points to 5.75% from 4.25% previously. The Standard Lending Facility rate will be 8.75% and the Absorption Standing Facility Rate will be 3.25%. The Bank said [translated]: &quot;The unfavorable balance of payments, the persistence of serious financial problems at the international level &#8211; in particular in the euro area &#8211; which could have impact on the evolution of the economy and domestic economic developments, require the making of monetary policy measures consistent with ensuring exchange rate stability and financial system.&quot;<\/p>\n<div>\n<div><\/div>\n<div><a href=\"http:\/\/www.centralbanknews.info\">www.CentralBankNews.info<\/a><\/div>\n<\/div>\n<div><img loading=\"lazy\" decoding=\"async\" width=\"1\" height=\"1\" src=\"https:\/\/blogger.googleusercontent.com\/tracker\/8290544642025682538-5690970815396232749?l=www.centralbanknews.info\" alt=\"\" \/><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Banco de Cabo Verde (Bank of Cape Verde) increased its minimum cash availability ratio (DMC) by 200 basis points to 18.00% from 16.00%, and its base interest rate by 150 basis points to 5.75% from 4.25% previously. The Standard Lending Facility rate will be 8.75% and the Absorption Standing Facility Rate will be 3.25%. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/01\/06\/bank-of-cape-verde-raises-rate-150bps-to-5-75\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Bank of Cape Verde Raises Rate 150bps to 5.75%&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-26416","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/26416","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=26416"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/26416\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=26416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=26416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=26416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}