Central
Australia’s central bank says policy is restrictive, causing households pain
AUSTRALIA’S central bank said on Wednesday that monetary policy was restrictive with the current cash rate causing financial pain for many households, but it could not rule out further...
Indonesia central bank governor sees no need for further rate hike
He said this even after the rupiah fell to its weakest since 2020 against the dollar last weekBank Indonesia’s governor Perry Warjiyo on Monday (Jun 24) said he saw...
Central banks could increase gold reserves further as shine of US dollar dims: analysts
Sentiment towards gold at most positive levels since 2019, World Gold Council survey indicatesCENTRAL banks are expected to continue to add to their gold reserves over the next year,...
Dollar rises, pound, Swiss franc drop on busy central bank day
The dollar climbed on Thursday (Jun 20), while the Swiss franc and the pound dropped as a busy day of central bank meetings kept currency traders alert.The dollar index,...
Swiss financial regulations not yet tough enough post-Credit Suisse, central bank says
SWITZERLAND’S financial regulations need further strengthening following the takeover of Credit Suisse by UBS, the Swiss National Bank (SNB) said on Thursday (Jun 20), pressing for more to be...
STI dips 0.1% on Thursday as regional central banks hold rates steady
SINGAPORE shares fell on Thursday (Jun 20) as central banks in the region maintained their benchmark lending rates.The People’s Bank of China left its one-year loan prime rate at...
Strong momentum in India’s economic activity seen sustaining, says central bank chief
Strong momentum in India’s economic activity has continued in the first quarter of the new financial year that started in April, with private investment also picking pace, Reserve Bank...
More central banks to increase gold reserves within 12 months
More central banks plan to add to their gold reserves within a year and more of them expect others to do so as well, due to ongoing macroeconomic and...
