Policy-rate changes in 2008-08 (10)

Hikes9

Cuts1

Largest move+50 bp

Romania+25 bp

Indonesia+25 bp

South Korea+25 bp

Czechia-25 bp

Peru+25 bp

Mexico+25 bp

Chile+50 bp

Thailand+25 bp

Israel+25 bp

Philippines+25 bp

Date	Country / region	From	To	Change
Aug 1, 2008	Romania	10.00%	10.25%	hike +25 bp
Aug 5, 2008	Indonesia	8.75%	9.00%	hike +25 bp
Aug 7, 2008	South Korea	5.00%	5.25%	hike +25 bp
Aug 8, 2008	Czechia	3.75%	3.50%	cut -25 bp
Aug 8, 2008	Peru	6.00%	6.25%	hike +25 bp
Aug 15, 2008	Mexico	8.00%	8.25%	hike +25 bp
Aug 18, 2008	Chile	7.25%	7.75%	hike +50 bp
Aug 27, 2008	Thailand	3.50%	3.75%	hike +25 bp
Aug 28, 2008	Israel	4.00%	4.25%	hike +25 bp
Aug 28, 2008	Philippines	5.75%	6.00%	hike +25 bp