INDONESIA’S central bank has intervened in the foreign exchange market to manage the supply and demand of US dollars amid market turbulence that has sent the rupiah to its weakest since January, an official told Reuters on Tuesday (Oct 3).
- Advertisement -
Most Popular
EU looks to rebalance China trade as global economic uncertainty grows
Trade between the European Union and China makes up more than 30 per cent of global gross domestic product, but the relationship is heavily...
PBOC’s key bank loan rate falls to record low bolstering growth
The new benchmark rate has fallen 10 basis points to 1.4% after the fresh MLF pricing mechanism was introduced
Australia raises rates for first time in two years
Investors are now betting on a follow-up hike in May
