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Up until the last few days, most analysts had been expecting the central bank to cut that twice this year.

The repo rate is the level at which the central bank lends to commercial banks, influencing borrowing costs.

A report by Spain's central bank found that nearly 40% of families who rent now spend more than 40% of their income on their accommodation.

Many financial transactions in humanitarian aid also happen outside of Myanmar's banking system, so that actors can avoid scrutiny and potential investigation from the country's central bank, a source told the BBC.

India's central bank also says more private companies have shown an intention to invest this year compared to last year, although how much of that intent results into actual money deployed remains to be seen.