central bank

Philippine central bank cuts policy rate by 25 basis points to 4.5%

This is the fifth successive cut in the benchmark rate by the BSP

The Bank of Japan is entering a new era after decades of unconventional monetary policy to combat deflation, which included buying ETFs to stimulate the economy.

What the BOJ unwinding its ETF holdings means for Japan

THE Bank of Japan (BOJ) plans to start unwinding its exchange-traded fund (ETF) holdings, in a process that could take more than a century to complete.

All transactions above 500,000 pesos, or their foreign currency equivalent, must be traceable through channels such as cheques, online fund transfers, direct credit to deposit accounts, or digital payments.

Philippines central bank tightens rules on large cash withdrawals amid graft crackdown

The new rule comes amid a government-led anti-corruption crackdown on infrastructure projects

The baht stood at around 31.87 per dollar on Friday, and is up about 8 per cent this year, the second-largest gain amongst Asian currencies, behind only the Taiwan dollar.

Thai central bank intervenes to slow currency moves

The currency’s strength relative to regional peers is seen as a threat to exports and tourism

Austria’s new central bank governor, Martin Kocher, says it is too early to say whether the ECB’s rate-cutting cycle is over.

ECB policymakers keep rate options open amid uncertain outlook

Another cut is entirely possible, says French central bank governor Francois Villeroy

Governor Perry Warjiyo said bond coupon payments the central bank received would be split evenly, although he did not provide a rupiah figure for how much money BI would give to the government.

Indonesia's central bank to share some bond coupon payments with government

Bank Indonesia has bought 200 trillion rupiah (S$15.6 billion) of government bonds in the secondary market

The central bank has now delivered 125 bps in rate cuts in an easing cycle that began last year.

The Philippines cuts key rate again as inflation stays below target

It reduced its overnight target reverse repurchase rate by 25 bps to 5%

“The primary objective of monetary policy in terms of price stability has significantly contributed to the strength of India’s micro fundamentals,” says Malhotra at a banking industry event in Mumbai.

India central bank chief says RBI hasn’t ‘lost sight’ of growth

[MUMBAI] India’s central bank has not “lost sight” of its growth objective, even as price stability remains its primary mandate, governor Sanjay Malhotra said on Monday (Aug 25).

The government has pledged to shrink its workforce and freeze pay of civil servants.

HKMA to cut costs, freeze hiring as city battles deficit: report

Other market regulators have made similar vows to rein in expenses

The BSP stayed on an easing path after inflation slowed further in May, staying below the central bank’s 2 per cent-4 per cent goal for a third month.

Philippines cuts key rate again as inflation stays below target

The Bangko Sentral ng Pilipinas reduced its overnight target reverse repurchase rate to 5.25% on Thursday