Malaysia's central bank kept its benchmark interest rate unchanged for the 10th consecutive policy meeting on Wednesday, citing strong economic growth and steady inflation, while warning of potential currency volatility.
Bank Negara Malaysia kept its benchmark interest rate unchanged yet again, as solid growth and steady inflation gives it room to extend its policy hold.
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Bank of Japan Eyes Rate Hike
Israel's monetary policy committee urged lawmakers to approve the 2025 state budget without further changes to ensure confidence in financial markets, the Bank of Israel said on Monday in the minutes of the Jan.
South Africa's economic outlook is better this year than last, but the inflation picture is more muddied as risks abound, its central bank governor said on Tuesday.
Jakarta. Bank Indonesia has allegedly channeled trillions of rupiah to members of the House of Representatives’ Commission XI under a so-called corporate social responsibility (CSR) program, the Corruption Eradication Commission (KPK) revealed on Wednesday.
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.
It cut the rate 25 basis points in January 2024 but the rate has stayed at 4.5% since, as policymakers have been concerned with the effects of Israel's war in Gaza against Palestinian militant group Hamas that helped to push up inflation, weaken the shekel and raise Israel's risk premium.
The regulator ordered Stanbic to cease any further actions or operations that may contravene existing regulations or obstruct ongoing investigations.
ECB rate-setter also warns that inflation risks are on the rise and that a January rate cut is not a done deal.
Turkish central bank announced on Monday that it decided to limit maturity periods for foreign currency-protected deposit accounts as part of its
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