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11/29/2008 News For: CDbank RatesMexico central bank holds interest rates steady Mexico's central bank is keeping interest rates steady at 8.25 percent. Fed may cut interest rates even more The Federal Reserve is widely expected to cut interest rates again — and might even cut all the way to zero — to revive the... Ruble Collapse Prompts Russia to Raise Interest Rates (Update1) Nov. 28 -- Russia’s ruble had its biggest weekly decline against the euro in at least five years as the central bank let the currency depreciate and raised interest rates to halt an exodus of foreign capital. SHORT-TERM RATES LIKELY TO REMAIN STEADY NEXT WEEK KUALA LUMPUR, Nov 29 Bernama -- Short-term rates are likely to remain steady on the money market next week as Bank Negara Malaysia is expected to intervene to keep the rates steady, dealers said. Mexico central bank holds interest rates steady Mexico's central bank is keeping interest rates steady at 8.25 percent. Banco de Mexico says it will fix rates to re-establish confidence in Mexican financial institutions and to reactivate restricted credit markets. Russia's state-run Sberbank raises individual account rates MOSCOW, November 29 RIA Novosti - Russia's state savings bank Sberbank has increased rates for ruble-denominated individual deposit accounts by 1 to 2.5 percentage points from December 1, the bank said on Saturday. Italy to Limit Mortgage Rates as Part of EU80 Billion Plan Nov. 28 -- The Italian government will make one-time cash payments to Italy’s poorest families and force banks to limit mortgage rates as part of an 80 billion-euro $102 billion economic-stimulus plan. Commercial Paper Rates Rise to Highest in More Than Three Weeks Nov. 28 -- Interest rates on U.S. commercial paper rose to the highest in more than three weeks, according to data compiled by Bloomberg. Interbank dollar rates edge up Interbank dollar funding rates edged up on Friday, revealing anxiety about cash supplies as banks prepare to close their books for the year-end even as many of them used government guarantees to issue debt. MONEY MARKETS-Interbank dollar rates edge up on year-end anxiety * Dollar interbank rates stay high on year-end anxiety |