The Magazine for Asian Investors
Thailand’s central bank has raised its key interest rate to curb the highest inflation in 14 years and ensure a sustained economic recovery while leaving its growth forecast for 2022 at 3.3%. The Bank of Thailand (BOT) said the policy…
Vietnam’s central bank today (Sept. 23) surprisingly raised interest rates by as much as 1% to curb inflation and stabilize the dong, which fell to a record low this week. The Central Bank of Vietnam raised the refinancing rate by…
Turkey’s central bank surprised the market by cutting interest rates at its meeting yesterday, even though inflation has risen above 80% Turkey’s central bank cut its key interest rate by 1% to 12%, although inflation reached 80.21% in August, the…
Die Bank of England (BoE) hat auf ihrer gestrigen Sitzung den Leitzins um 0,50 % auf 2,25 % angehoben. Dies ist der höchste Stand seit 2008 (14 Jahre) und die siebte Zinserhöhung in Folge seit Dezember 2021. The BoE also…
The Swiss central bank today raised its key interest rate by 0.75% to 0.5% from -0.25% to curb inflation, which has risen to a 30-year high. The Swiss central bank’s rate hike came after the Federal Reserve raised short-term interest…
The Philippine central bank raised its benchmark interest rate by 0.50% to 4.25% at its meeting today (Sept. 22), the fifth rate hike this year, in a bid to ease inflationary pressures amid the slump in the peso. The Philippine…
Major British bank HSBC Holdings (HSBC) raised its Hong Kong interest rate by 0.125% to 5.125%, effective Sept. 23, after the Hong Kong Monetary Authority (HKMA) today raised its benchmark rate by 0.75% to 3.5%. The move came after the…
The Bank of Japan (BOJ) decided to maintain its ultra-loose monetary policy at its meeting today, in line with market expectations. However, this contrasts with other central banks around the world, which are pursuing a tight monetary policy to curb…
The Hong Kong Monetary Authority (HKMA) raised its benchmark interest rate by 0.75% to 3.5% on Thursday (Sept. 22), after the U.S. Federal Reserve raised rates by the same amount. Hong Kong’s monetary policy moves in lockstep with the US.…
At its meeting yesterday, the Federal Reserve’s Monetary Policy Committee (FOMC) decided to raise the short-term interest rate by 0.75% to 3.00-3.25%, in line with market expectations. The Fed has raised interest rates for the third time in a row…
