Surprise Asian Central Bank Moves Show Impact of Dollar Rampage
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Surprise Asian central bank moves show impact of US dollar rampage
A SURPRISE interest-rate cut in Indonesia and signs the Reserve Bank of India may be willing to loosen its tight grip on the ...
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Bank Indonesia announces rate cut
Indonesia's central bank unexpectedly announced a cut in its key interest rate on Wednesday in a bid to boost economic growth and a weakening rupiah.
Indonesian rupiah, Korean won hit by surprise central bank rate calls
The Indonesian rupiah stayed near six-month lows on Thursday, while the South Korean won snapped a three-day winning streak ...
Cross-border transactions: RBI announces steps to encourage use of Indian rupee
The Reserve Bank has signed MoUs with the central banks of the UAE, Indonesia, and Maldives to promote cross-border ...
Asian currencies rise on softer dollar, stocks mixed
MOST Asian currencies firmed on Friday, gathering momentum from a muted greenback ahead of Donald Trump's return to office ...
RBI announces steps to encourage cross-border transactions in Indian rupee
The Reserve Bank of India (RBI) on Thursday announced liberalised norms to encourage use of Indian Rupee and local/ national currencies to settle cross border transactions. The decision comes at a ...
Middle East latest: Netanyahu says deal to return hostages from Gaza reached after last snags
Israeli Prime Minister Benjamin Netanyahu’s office said Thursday his Cabinet won’t meet to approve the agreement for a ...
The BRICS bloc is growing — and Trump's tariff threat isn't expected to put off aspiring members
Despite the threat of a trade war with the U.S., economists and analysts tell CNBC that this will not stop BRICS from ...
Alliance Bank’s Top Shareholder Vertical Theme Is Said to Consider Sale to DBS
Investment management firm Vertical Theme Sdn. is planning to seek approval in the coming weeks to start talks about selling ...
RBI eases FEMA rules to boost rupee payments in cross-border deals
The Reserve Bank of India (RBI) on Thursday announced the issuing of revised Federal Emergency Management Agency (FEMA) ...