US President Trump had repeatedly threatened to impose steep tariffs on BRICS nations if they pursue plans to create an ...

US President Donald Trump has repeatedly warned BRICS nations against attempts to challenge the dominance of the US dollar ...

For 2024, Indonesia had a current account deficit of $8.9 billion, equivalent to 0.6% of GDP, Bank Indonesia said, widening ...

As such, the central bank has kept its key short-term interest rate at a target range of 4.25% to 4.5% since December. The FOMC lowered rates by a half of a percentage point in September-its first cut ...

Indonesia's central bank kept interest rates steady on Wednesday, emphasizing its focus on stabilising the rupiah currency ...

Bank Indonesia hit the pause button again, holding rates steady after a surprise cut last month as it monitors currency ...

Soaring stablecoin use in developing countries proves crypto mass adoption has already happened. Will the US catch up?

Bank Negara Malaysia, Bank Indonesia (BI) and the Bank of Thailand (BOT) have announced the adoption of a harmonised Local ...

Indonesia is pushing ahead with a plan to force natural resource exporters to keep more foreign exchange earnings onshore in ...

Market participants will also be watching January trade data due Monday. Indonesia's small trade surplus with the U.S. puts it at lower risk from tariffs than some of its neighbors like Vietnam, ING's ...

Countries like Malaysia and Thailand have expressed interest in joining BRICS, seen as a counterweight to the West, in recent ...