CENTRAL BANK IN INDONESIA MAINTAINS RATES

Indonesia’s central bank kept interest rates unchanged on Thursday (Nov 23), as expected, despite renewed volatility…

JAPAN TO TAKE ALL STEPS TO PREVENT YEN FROM FALLING

Japanese Finance Minister Shunichi Suzuki said that the government would take all possible steps necessary to…

BSP TO KEEP MONETARY POLICY TIGHT

MANILA: The Philippine central bank said on Tuesday (Dec 5) it was necessary to keep monetary…

SINGAPORE INKS CROSS-BORDER PAYMENTS WITH INDONESIA & MALAYSIA

Singapore and Indonesia on Friday (Nov 17) announced the launch of a cross-border QR code payment…

CHINA MAKING GAINS ON INTERNATIONALISING RMB

It has been an extraordinary year for the renminbi. On the one hand, it has clearly…

ECB MIGHT CUTY RATES IN Q1

The European Central Bank is likely to cut interest rates next year, which could have far-reaching…

MYANMAR’S CENTRAL BANK TO EASE FX CONTROLS

Myanmar’s central bank will no longer set exchange rates for foreign currencies and will allow banks…

USD FALLS AHEAD OF POWELL’ REMARKS

The dollar regained its footing on Wednesday (Nov 8) and inched higher after a slew of…

RINGGIT UNLIKE TO WEAKEN TO 5 TO DOLLAR

The ringgit may have hit 4.764 to the dollar, a level last seen during the Asian…

PLUMMETING YEN

The rapid depreciation of the Yen is touching the nerves of the Japanese authorities once again.…