G20
IMF
Federal Reserve
Bank of England
Bank of Japan
People's Bank Of China

 

G20: The London Summit‘s Final Communiqué (02 April 2009)

At the conclusion of the London Summit, the G20 countries reached a consensus on a Joint Communiqué. In this agreement, six topics were discussed: restoration of growth and employment, reinforcement of financial supervision and regulation, reinforcement of the international financial institutions, resistance against protectionism, promotion of international trade and investments, and finally the assurance of a healthy and equitable recovery for all.

The entire communiqué

IMF

• Reinforcement of its Role
  At the conclusion of the London G20 Summit, the role of the IMF has been considerably reinforced. Thus, it was seen to authorise the issue of 250 billion dollars of SDR (Special drawing rights)

• Overhaul of its Loan Instruments
  At the end of March 2009, the IMF revealed an overhaul of its loan instruments, in particular by creating a new modular credit line. For know more about it: visit this website.
  Poland is the second country after Mexico to have benefited from this type of credit line for an amount of 20.6 billion euros. Link

Federal Reserve

Since 16 December 2008 , the EDF has reduced its base rate by 75 to 100 points. The new rate therefore oscillates between 0 and 0.25%. Click here for a rapid overview of the Federal Reserve's various base rates since 1990.

Bank of England

The Bank Of England Announced On 07 May That It Was Maintaining Its Base Rate At 0.5%

Bank of Japan

The Bank of Japan (BoJ) has not changed its base rate since December 2008, and stays on 0.3%. This leaves the BoJ very little room for boosting economic growth. The Japanese institution has therefore decided to implement a battery of measures to fight the economic crisis.

People's Bank of China

website of the Chinese Central Bank