The Monetary Authority of Singapore lowered interest rates for the first time since 2003, joining the other central banks in a coordinated attempt to prevent the credit crisis from deepening.
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- China cuts rates….again. (11/26/08)
- New Zealand cuts rates by 1% (10/24/08)
- India Central Bank raises rates (06/25/08)
- Bank of Korea raises rates (08/07/08)
- Credit card defaults rise in Singapore (11/02/08)
