apakah carry-trade akan marak lagi? benchmark interest rate: - us 0,25% - japan 0,1% - euro region 2,5%
--- In obrolan-bandar@yahoogroups.com, "Vic" <victor_speran...@...> wrote: > > Dec. 19 (Bloomberg) -- The Bank of Japan cut its benchmark interest > rate to 0.1 percent and said it would buy corporate debt as a > deepening recession chokes off funding for businesses. > > Governor Masaaki Shirakawa and his colleagues lowered the target for > the overnight lending rate from 0.3 percent in a 7- to-1 vote, the > central bank said in a statement today in Tokyo. The bank said it > would buy commercial paper temporarily and a decision to increase its > monthly purchases of government bonds sparked a rally in the market. > > The central bank's second reduction in two months came after the > Federal Reserve this week cut its target rate as low as zero, driving > the yen to a 13-year high against the dollar. The Bank of Japan's move > to buy corporate debt is designed to ease the cost of borrowing for > Japanese companies struggling to obtain financing amid a global credit > crunch. > > "Whereas the Fed is dramatically expanding its balance sheet to offer > support to financial institutions, the Bank of Japan is now expanding > its balance sheet to support the corporate sector," said Glenn > Maguire, chief Asia-Pacific economist at Societe Generale SA in Hong > Kong. >
