By www.CentralBankNews.info Global Monetary Policy Rates (GMPR) tumbled by 350 basis points in 24 hours as the central banks of Kenya, Australia, Belarus, Poland and Georgia cut key rates.
Following is the Global Interest Rate Monitor (GIRM) compiled by Central Bank News. The table shows the current average Global Monetary Policy Rate, total rate cuts year-to-date by the 90 central banks followed by Central Bank News plus total rate cuts for 2012 and 2011.
The table also shows each central bank’s current policy rate, the date and the size of the latest rate cut, the year-to-date rate cuts plus total rate cuts in 2012 and 2011.
The table is updated when rates change and can be accessed on our website.
Global Interest Rate Monitor (GIRM)
| COUNTRY | RATE | CHANGE | DATE | YTD | 2012 | 2011 |
| GLOBAL | 5.65% | -2151 | -6475 | 7517 | ||
| ALBANIA | 3.75% | -25 | 31-Jan | -25 | -75 | -25 |
| ANGOLA | 10.00% | -25 | 28-Jan | -25 | -25 | 0 |
| ARGENTINA | 9.00% | 0 | 0 | 0 | ||
| ARMENIA | 8.00% | 0 | 0 | 75 | ||
| AUSTRALIA | 2.75% | -25 | 7-May | -25 | -125 | -50 |
| AZERBAIJAN | 4.75% | -25 | 8-Feb | -25 | -25 | 225 |
| BAHAMAS | 4.50% | 0 | 0 | -75 | ||
| BAHRAIN | 0.50% | 0 | 0 | 0 | ||
| BANGLADESH | 7.75% | 0 | 0 | 50 | ||
| BARBADOS | 3.00% | 0 | 0 | 0 | ||
| BELARUS | 25.00% | -200 | 8-May | -500 | -1500 | 3450 |
| BOTSWANA | 9.00% | -50 | 30-Apr | -50 | 0 | 0 |
| BRAZIL | 7.50% | 25 | 17-Apr | 25 | -375 | 25 |
| BULGARIA | 0.02% | 1 | 30-Apr | -1 | -19 | 4 |
| CANADA | 1.00% | 0 | 0 | 0 | ||
| CAPE VERDE | 5.75% | 0 | -150 | 0 | ||
| CEN. AFRICAN STS. | – | 0 | – | – | ||
| CHILE | 5.00% | 0 | -25 | 200 | ||
| CHINA | 6.00% | 0 | -56 | 75 | ||
| COLOMBIA | 3.25% | -50 | 22-Mar | -100 | -50 | 175 |
| CONGO DEM. REP. | 4.00% | 0 | – | – | ||
| CROATIA | 6.25% | 0 | 0 | 0 | ||
| CZECH REPUBLIC | 0.05% | 0 | -70 | 0 | ||
| DENMARK | 0.20% | -10 | 2-May | 0 | -50 | -35 |
| DOMINICAN REPL. | 5.00% | 0 | -175 | 100 | ||
| EGYPT | 9.75% | 50 | 21-Mar | 50 | 0 | 100 |
| EURO AREA | 0.50% | -25 | 2-May | -25 | -25 | 0 |
| FIJI | 0.50% | 0 | 0 | -150 | ||
| GAMBIA | 12.00% | 0 | -200 | -100 | ||
| GEORGIA | 4.25% | -25 | 8-May | -100 | -150 | -50 |
| GHANA | 15.00% | 0 | 250 | -100 | ||
| HONG KONG | 0.50% | 0 | 0 | 0 | ||
| HUNGARY | 4.75% | -25 | 23-Apr | -100 | -125 | 125 |
| ICELAND | 6.00% | 0 | 125 | 25 | ||
| INDIA | 7.25% | -25 | 3-May | -75 | -50 | 225 |
| INDONESIA | 5.75% | 0 | -25 | -50 | ||
| ISRAEL | 1.75% | 0 | -100 | 75 | ||
| JAMAICA | 5.75% | -50 | 22-Feb | -50 | 0 | -50 |
| JAPAN | 0.00% | -0.1 | 4-Apr | 0 | 0 | 0 |
| JORDAN | 5.00% | 0 | 50 | 25 | ||
| KAZAKHSTAN | 5.50% | 0 | -200 | 50 | ||
| KENYA | 8.50% | -100 | 7-May | -250 | -700 | 1200 |
| KUWAIT | 2.00% | 0 | -50 | 0 | ||
| LATVIA | 2.50% | 0 | -100 | 0 | ||
| MACEDONIA | 3.50% | -25 | 9-Jan | -25 | 0 | -25 |
| MALAWI | 25.00% | 0 | 1200 | 0 | ||
| MALAYSIA | 3.00% | 0 | 0 | 25 | ||
| MAURITIUS | 4.90% | 0 | -50 | 65 | ||
| MEXICO | 4.00% | -50 | 8-Mar | -50 | 0 | 0 |
| MOLDOVA | 3.50% | -100 | 25-Apr | -100 | -400 | 0 |
| MONGOLIA | 11.50% | -100 | 8-Apr | -175 | -100 | 125 |
| MOROCCO | 3.00% | 0 | -25 | 0 | ||
| MOZAMBIQUE | 9.50% | 0 | -550 | -50 | ||
| NAMIBIA | 5.50% | 0 | -50 | 0 | ||
| NEW ZEALAND | 2.50% | 0 | 0 | -50 | ||
| NIGERIA | 12.00% | 0 | 0 | 550 | ||
| NORWAY | 1.50% | 0 | -25 | -25 | ||
| PAKISTAN | 9.50% | 0 | -250 | -200 | ||
| PERU | 4.25% | 0 | 0 | 125 | ||
| PHILIPPINES | 3.50% | 0 | -100 | 50 | ||
| POLAND | 3.00% | -25 | 8-May | -125 | -50 | 100 |
| QATAR | 4.50% | 0 | 0 | -105 | ||
| ROMANIA | 5.25% | 0 | -75 | -25 | ||
| RUSSIA | 8.25% | 0 | 25 | 25 | ||
| RWANDA | 7.50% | 0 | 50 | 100 | ||
| SAMOA | 5.00% | 0 | 0 | 0 | ||
| SAUDI ARABIA | 2.00% | 0 | 0 | 0 | ||
| SERBIA | 11.75% | -25 | 5-Feb | 50 | 150 | -175 |
| SIERRA LEONE | 17.00% | -300 | 15-Apr | -300 | 0 | -300 |
| SOUTH AFRICA | 5.00% | 0 | -50 | 0 | ||
| SOUTH KOREA | 2.75% | 0 | -50 | 75 | ||
| SRI LANKA | 7.50% | 0 | 50 | 0 | ||
| SWEDEN | 1.00% | 0 | -75 | 50 | ||
| SWITZERLAND | 0.25% | 0 | 0 | 0 | ||
| TAIWAN | 1.88% | 0 | 0 | 37.5 | ||
| TAJIKISTAN | 6.50% | 0 | -330 | 75 | ||
| THAILAND | 2.75% | 0 | -50 | 125 | ||
| TRINIDAD & TOBAGO | 2.75% | 0 | -25 | -50 | ||
| TUNISIA | 4.00% | 25 | 28-Mar | 25 | 25 | -100 |
| TURKEY | 5.00% | -50 | 16-Apr | -50 | -25 | -75 |
| UAE | 1.00% | 0 | 0 | 0 | ||
| UGANDA | 12.00% | 0 | -1100 | 1000 | ||
| UKRAINE | 7.50% | 0 | 0 | 0 | ||
| UNITED KINGDOM | 0.50% | 0 | 0 | 0 | ||
| URUGUAY | 9.25% | 0 | 50 | 225 | ||
| USA | 0.25% | 0 | 0 | 0 | ||
| UZBEKISTAN | 12.00% | 0 | 0 | -200 | ||
| VIETNAM | 8.00% | -100 | 25-Mar | -100 | -600 | 600 |
| W. AFRICAN STATES | 3.75% | -25 | 6-Mar | -25 | -25 | 0 |
| ZAMBIA | 9.25% | 0 | 25 | – |