Policy-rate changes in 2009-08 (11)

Hikes1

Cuts10

Largest move-75 bp

Indonesia-25 bp

Romania-50 bp

Czechia-25 bp

Peru-75 bp

Russia-25 bp

Denmark-10 bp

South Africa-50 bp

Türkiye-50 bp

Hungary-50 bp

Israel+25 bp

Denmark-10 bp

Date	Country / region	From	To	Change
Aug 5, 2009	Indonesia	6.75%	6.50%	cut -25 bp
Aug 5, 2009	Romania	9.00%	8.50%	cut -50 bp
Aug 7, 2009	Czechia	1.50%	1.25%	cut -25 bp
Aug 7, 2009	Peru	2.00%	1.25%	cut -75 bp
Aug 10, 2009	Russia	11.00%	10.75%	cut -25 bp
Aug 14, 2009	Denmark	1.45%	1.35%	cut -10 bp
Aug 14, 2009	South Africa	7.50%	7.00%	cut -50 bp
Aug 19, 2009	Türkiye	8.25%	7.75%	cut -50 bp
Aug 25, 2009	Hungary	8.50%	8.00%	cut -50 bp
Aug 27, 2009	Israel	0.50%	0.75%	hike +25 bp
Aug 28, 2009	Denmark	1.35%	1.25%	cut -10 bp