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Markets 5 days ago
Dollar surges in Asia as war's safe-haven shelter
The dollar headed for its biggest monthly gain since July on Tuesday and stands out as the strongest so-called safe asset as war in the Middle East has set oil prices surging, nearly everything else sinking and raised the risk of global recession.
Regulations 2 weeks ago
PREMIUM
BI keeps rate on hold as Iran war pressures rupiah
Bank Indonesia (BI) has left its benchmark interest rate unchanged as the United States-Israel war on Iran puts pressure on the rupiah, prompting the central bank to respond with forex market intervention and tighter foreign exchange controls.
Regulations 2 months ago
PREMIUM
BI to remain ‘professional’ with strong governance, Perry vows
Professionalism will continue in monetary policymaking, Bank Indonesia (BI) Governor Perry Warjiyo has promised, seeking to allay any concerns following Deputy Finance Minister Thomas “Tommy” Djiwandono’s nomination as a deputy BI governor.
Markets 3 months ago
Dollar dismal, yen muted in 2025 but euro and sterling shine
The US dollar held steady on Wednesday but was headed for its biggest annual drop since 2017 as interest rate cuts, fiscal worries and erratic trade policies under US President Donald Trump cast a shadow on currency markets in 2025.
Markets 3 months ago
Dollar set for worst year since 2003 as rate outlooks diverge
The US dollar was headed for its worst annual performance in more than two decades on Wednesday as investors wagered the Federal Reserve would have room to cut rates further next year even as some of its peers looked set to hike.
Markets 3 months ago
Asian stocks slip as nervy markets wait for Fed
Asian stocks fell and the dollar was steady on Tuesday as investors braced for a cut in US interest rates later this week while the yen was calm after a powerful earthquake rocked Japan's northeast region though the impact was limited.
