Risks to inflation outlook limited as price pressures expected to ease, says BSP governor
Monetary policy should be accommodative to support economic recovery, transmission of previous policy rate cuts to economy continues, says BOT
Local note saw correction due to some uncertainty over outlook, says analyst
Necessary for Bank Indonesia to balance need to keep rupiah stable, supporting economic growth during easing cycle, says Perry Warjiyo
Expectations of rate slash fuels demand for emerging market currencies, says analyst
BSP's inflation outlook remains 'broadly unchanged', with 2025 inflation forecast at 1.7 per cent
Likely US Federal Reserve interest rate cut in September may affect exchange rate
Decision in line with expectations of low inflation, stable rupiah, need to bolster economic activity, says BI Governor Perry Warjiyo
US dollar may be affected by anticipated US Federal Reserve interest rate cut next month
Lower-than-expected CPI data weakens greenback’s safe-haven status, expectations of September interest rate cut rises
KUALA LUMPUR, June 26 — The ringgit extended its gains against the greenback at the close on Wednesday, as United States (US) President Donald Trump ramped up pressure on the US Federal Reserve (US Fed) to cut interest rates.
JAKARTA, June 18 — Indonesia's central bank paused its easing cycle today, as expected, while urging commercial banks to reduce lending rates and boost credit growth to support the economy.
JAKARTA, May 19 — Bank Indonesia (BI) will resume its easing cycle on Wednesday with a quarter-point interest rate cut, a Reuters poll of economists found.
TOKYO, Nov 18 — The Bank of Japan (BOJ) will continue incremental interest rate hikes to align with the nation's economic and price improvements, its governor Kazuo Ueda said today, reported Xinhua.
HANOI, Oct 29 — Vietnam is expected to maintain a looser monetary policy, with interest rates projected to drop by 0.7 percentage points next year, reported Xinhua, quoting Vietnam News today.
BANGKOK, Oct 17 — The Bank of Thailand (BOT) will hold its key interest rate at 2.25 per cent at its final policy meeting for the year in December, following an unexpected 25-basis-point cut yesterday, according to economists in a Reuters snap poll.
KUALA LUMPUR, July 19 — The ringgit rebounded to open slightly higher against the US dollar on positive sentiment ahead of the release of Malaysia’s advance second quarter of 2024 (2Q 2024) gross domestic product (GDP) estimates today.
KUALA LUMPUR, March 7 —Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent at its meeting today.
WASHINGTON, March 7 — US Federal Reserve Chair Jerome Powell on Wednesday reiterated that the central bank is not ready to start cutting interest rates, noting that he needs to see a little bit more data before taking any action, reported Xinhua.
HANOI, Feb.
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