During a meeting with Republican governors on Feb. 20, broadcast by NBC News, Donald Trump discussed the BRICS nations’ plans ...
BRICS, an intergovernmental organisation comprising Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the UAE, has been exploring alternatives to the dollar in global t ...
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 ...
China’s central bank genuinely believes that the yuan is holding the world’s financial system together. On Sunday, People’s Bank of China (PBOC) Governor Pan ...
A material downside surprise in fourth-quarter GDP data would likely increase the odds of a rate cut sooner rather than later, the Citi analysts think. They see an April cut as the most likely but a ...
Countries like Malaysia and Thailand have expressed interest in joining BRICS, seen as a counterweight to the West, in recent ...