By Karin Strohecker and Ritvik Carvalho
LONDON, Aug 10 (Reuters) - Emerging market central banks
continued to cut interest rates in July as policymakers battling
the fallout from the coronavirus pandemic tried to shore up
their economies, though the pace of reductions has slowed down
considerably.
Interest rate moves by central banks across a group of 37
developing economies showed a net eight cuts in July following
16 cuts in June and May each.
July marked the 18th straight month of net cuts - the
longest easing cycle for emerging market central banks since
2013.
For an interactive version of the above graphic, click here
https://graphics.reuters.com/EMERGING-RATES/rlgvdngxmvo.
For a FACTBOX on global central bank rate responses to the
coronavirus outbreak, click here: a FACTBOX outlining global economic policy response to
the crisis, including fiscal policy: <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
EM central banks keep cutting rates EM central banks keep
cutting rates https://tmsnrt.rs/2BZNo96
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