The Magazine for Asian Investors
The Bank of Indonesia (BI) decided at its meeting today (May 24) to leave the policy rate unchanged to balance support for Indonesia’s economic recovery with efforts to contain inflation. Indonesia’s central bank kept its seven-day bond-buying rate at 3.50%,…
The People’s Bank of China (PBOC) cut the five-year key lending rate (LPR) by 0.15% from 4.6% to 4.45%, the biggest cut since 2019. This would lower mortgage borrowing costs and could help boost weaker loan demand due to the…
The Bank of the Philippines (BSP) raised its key interest rate by 0.25% to 2.25% at its May 19 meeting, the first time it has done so since 2018, to combat rising inflation. The Philippines is the latest country in…
The People’s Bank of China (PBOC) has decided to leave the interest rate unchanged, despite data pointing to a slowdown in the Chinese economy. According to analysts, the decision to leave the key interest rate unchanged may reflect concerns about…
At its meeting today, the Bank of England (BoE) raised its key interest rate by 0.25% to 1.00%. This is the highest level in 13 years in order to curb the rise in inflation. The BoE raised interest rates today…
The Bank of Hong Kong (HKMA) raised its policy rate by 0.50% to 1.25% today after the Federal Reserve raised its interest rate by 0.50% at its meeting on May 4. In the past, the Bank of Hong Kong will…
The Gulf Central Banks raised its key interest rate after the Federal Reserve (Fed) increased rates by 0.50% at its meeting yesterday. The currencies of most Gulf countries are pegged to the U.S. dollar, with the exception of Kuwait, which…
The Reserve Bank of India (RBI) raised its repo rate by 0.40% to 4.40% at its meeting on Wednesday, saying the continued spike in inflation has put pressure on the country’s economy. The yield on India’s 10-year government bond rose…
At its meeting today, the Russian Central Bank cut interest rates by 3% to 14%. At the same time, it stated that the financial market had stabilized. “Because price and financial stability risks are no longer increasing. This creates conditions…
The Swedish central bank (Rigsbank) raises bond repurchase rates, in other words, the key interest rate, to 0.25% from 0% previously. The central bank said the rate hike would take effect May 4 to curb inflation, which has reached its…
