accountThe week ending the 7th of May saw continued emerging market monetary policy tightening, with developed market central banks holding off from further tightening. Of the central banks that made decisions on monetary policy settings this week, those that increased were: India +50bps to 7.25%, Philippines +25bps to 4.50%, and Malaysia +25bps to 3.00%.
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Reactions to Monetary Policy Week in Review - 7 May 2011
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