This week in monetary policy: Hungary, Zambia, South Africa, Nigeria and Paraguay

19th November 2018 Off By binary

By CentralBankNews.info

    This week – November 18 through November 24 – central banks from 5 countries or jurisdictions are scheduled to decide on monetary policy: Hungary, Zambia, South Africa, Nigeria and Paraguay.
    On Nov. 17 the Central Bank or Nigeria rescheduled the Nov. 19 and Nov. 20 meetings of its monetary policy committee to Nov. 21 and Nov. 22 as Tuesday Nov. 20 was declared a public holiday by the government.
    On Nov. 6 Albania’s central bank postponed until further notice the Nov. 7 meeting of its supervisory council scheduled to discuss the quarterly monetary policy report as the terms of six of nine members had expired.
    According to the supervisory council’s published schedule, the council is scheduled to meet on Nov. 21 to approve the Bank of Albania’s budget. It is not clear whether this meeting will take place.
    On Nov. 8 the National Bank of Angola postponed the meeting of its monetary policy committee originally scheduled for Nov. 23 until Nov. 30.
    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, the rate one year ago, and the country’s MSCI classification.

    The table is updated when the latest decisions are announced and can always accessed by clicking on This Week.

WEEK 47
NOV 18 – NOV 24, 2018:
COUNTRY                   DATE                     RATE                LATEST                    YTD              1 YR AGO
HUNGARY20-Nov0.90%000.90%
ZAMBIA21-Nov9.75%0-5010.25%
SOUTH AFRICA22-Nov6.50%0-256.75%
NIGERIA22-Nov14.00%0014.00%
PARAGUAY22-Nov5.25%005.25%


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