Policy-rate changes in 2013-04 (4)

Hikes1

Cuts3

Largest move-50 bp

North Macedonia-4 bp

Türkiye-50 bp

Brazil+25 bp

Hungary-25 bp

Date	Country / region	From	To	Change
Apr 10, 2013	North Macedonia	3.42%	3.38%	cut -4 bp
Apr 17, 2013	Türkiye	5.50%	5.00%	cut -50 bp
Apr 18, 2013	Brazil	7.25%	7.50%	hike +25 bp
Apr 24, 2013	Hungary	5.00%	4.75%	cut -25 bp