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central-bank

India central bank slashes rates, warns of contraction
Business 5 days ago

India central bank slashes rates, warns of contraction

India's central bank slashed interest rates on Friday in an effort to contain the economic fallo...
Central banking and its relativity amid COVID-19
Opinion 1 week ago

Central banking and its relativity amid COVID-19

The question is whether Bank Indonesia (BI) should print money to stimulate the economy and regain t...
For central banks, hope for precision fades amid pandemic uncertainty
Business 2 weeks ago

For central banks, hope for precision fades amid pandemic uncertainty

Major central banks have been similarly generic in recent communications, offering some version of t...
North Sumatra may see spike in poverty, unemployment as pandemic damages economy: BI
Business 1 month ago

North Sumatra may see spike in poverty, unemployment as pandemic damages economy: BI

Under the extreme scenario, an additional 589,521 residents of North Sumatra could fall into po...
Emerging currencies under threat from COVID-19 face further declines
Business 1 month ago

Emerging currencies under threat from COVID-19 face further declines

Central banks in emerging economies are tapping reserves to stem a decline in their currencies as th...
BI injects $18.19b liquidity into financial markets, banks as rupiah slides
Business 2 months ago

BI injects $18.19b liquidity into financial markets, banks as rupiah slides

“We are injecting liquidity to make sure the rupiah is able to meet banks’ needs and for...
Philippine central bank throws $6 billion lifeline to government
Business 2 months ago

Philippine central bank throws $6 billion lifeline to government

Bangko Sentral ng Pilipinas will buy 300 billion pesos (US$5.8 billion) worth of debt from the Burea...
What central banks did last week as COVID-19 spread hit global markets
Business 2 months ago

What central banks did last week as COVID-19 spread hit global markets

Global central banks stepped up their crisis-fighting last week in a campaign to keep markets functi...
Europe grinds to halt as ECB is criticized for too little action
Business 2 months ago

Europe grinds to halt as ECB is criticized for too little action

ECB governing member Klaas Knot said that as long as the virus isn’t under control, the&n...
Global stocks suffer historic rout, shrugging of central bank steps
Business 2 months ago

Global stocks suffer historic rout, shrugging of central bank steps

Global equity markets plunged again Thursday, with some suffering their worst losses in decades, as ...
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