Central
Swiss central bank cuts interest rates for third time this year and flags further action
THE Swiss National Bank (SNB) cut interest rates by 25 basis points on Thursday (Sep 26), its third such reduction this year, as it echoed steps to lower borrowing...
Swiss central bank lowers rates and flags further cuts as inflation eases
THE Swiss National Bank reduced interest rates by 25 basis points on Thursday (Sep 26), echoing steps to lower borrowing costs by the European Central Bank and US Federal...
Swiss central bank cuts interest rates for third time this year and flags further action
THE Swiss National Bank cut interest rates by 25 basis points on Thursday (Sep 26), its third such reduction this year, as it echoed steps to lower borrowing costs...
Australia central bank warns households against over-borrowing once rates fall
AUSTRALIA’S central bank on Thursday cautioned borrowers against taking on excessive debt when interest rates start to fall and risking a boom/bust cycle, though it judged the financial system...
Malaysia’s central bank sees ‘enduring support’ for ringgit
The Malaysian currency has been buoyed by signs of a rebound in China, the nation’s largest trading partnerThe rally in Malaysia’s ringgit is likely to last given the nation’s...
Indonesia to launch central counterparty clearing house next week
INDONESIA will launch a central counterparty clearing house (CCP) next week for foreign exchange and money market transactions, its central bank said on Tuesday (Sep 24), as it aims...
Central banks may face volatile inflation for years to come: ECB’s Lagarde
PROFOUND shifts in the world economy could make inflation volatile for years to come, complicating efforts to control prices, but sticking with inflation-targeting regimes is still the best option,...
India central bank bought net US$6.93 billion in spot forex market in July
The Indian rupee depreciated by 0.4% against the dollar in July, the worst since MarchThe Reserve Bank of India (RBI) bought a net of US$6.93 billion in the spot...
