Latest News for: Asia central banks

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Special offer for Sri Lankan migrant workers converting US Dollars this December

MENA FN 04 Dec 2021
(MENAFN - NewsIn.Asia) Colombo, Dec 2 (AdaDerana) – The Central Bank of Sri Lanka (CBSL) today announced that Sri Lankan migrant workers will receive an additional Rs. 10 for each US Dollar they ... .
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Big banks sink teeth into P2P partnerships

The Jakarta Post 03 Dec 2021
Top lenders Bank Mandiri, Bank Negara Indonesia (BNI), Bank Rakyat Indonesia (BRI) and Bank Central Asia (BCA) have announced partnerships with major P2P lenders such as ...
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Vietnam, Taiwan exceed U.S. Treasury currency thresholds, but no manipulator labels

Metro USA 03 Dec 2021
The United States in July dropped a threat to impose tariffs on Vietnamese goods after the country’s central bank agreed with the U.S ... Switzerland’s finance ministry repeated its longstanding denial that the country’s central bank engages in manipulation of the franc for an economic advantage.
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Goldman Sachs: inflation in Asia will be higher next year, but no sharp acceleration

CNBC 03 Dec 2021
Andrew Tilton of Goldman Sachs explains why Asia's inflation is unlikely to rise sharply next year that would force central banks to tighten monetary policies aggressively ... .
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Asian shares tick up, U.S. and European futures diverge on Omicron jitters

Gulf Daily News 02 Dec 2021
On Thursday, South Korea halted quarantine exemptions for fully vaccinated inbound travellers for two weeks, while the Japanese central bank warned of economic pain as countries respond with tighter curbs. In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan ...
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Cambodia aims to make it cheaper to transfer money

Asiatimes 01 Dec 2021
Since last October, Cambodia’s central bank has been trialing Bakong, a peer-to-peer fund transfer service ... Neither is it a central bank digital currency, as Chea Serey, the central bank’s vice-governor, has been at pains to stress in recent months ... Cambodia’s central bank is cutting a path in Southeast Asia.
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Toward a Resilient Recovery – Battling the Pandemic in Europe and Central Asia

Reliefweb 01 Dec 2021
Tajikistan, one of the poorest countries in the Europe and Central Asia region, was among the first countries to receive emergency support from the World Bank to respond to the pandemic ... World Bank assistance to the Europe and Central Asia region has also included income support for poorest and most vulnerable households, and for the unemployed.
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BCA and AIA celebrate the nation's teachers with financial literacy webinar

The Jakarta Post 01 Dec 2021
PT Bank Central Asia and AIA has collaborated with the Putera Sampoerna Foundation to educate teachers on financial literacy. On Nov ... .
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Asian markets rise, oil rallies as virus and Fed hold attention

The Times of India 01 Dec 2021
The broadly positive performance across Asia came after Fed boss Jerome Powell put the central bank on the path to removing its vast financial support measures at a quicker pace than first flagged, and lifting interest rates next year.
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Market tumbles; SM Prime, Jollibee slump

Manila Standard Today 01 Dec 2021
Losers overwhelmed gainers, 165 to 40, with 42 issues unchanged. SM Prime Holdings Inc ... Jakarta sank ... The broadly positive performance across Asia came after US Federal Reserve boss Jerome Powell put the central bank on the path to removing its vast financial support measures at a quicker pace than first flagged, and lifting interest rates next year ... .
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Currencies, stocks fall on vaccine efficacy worries

Reuters 30 Nov 2021
The warning comes a day after global financial markets started the week on firm footing, with analysts pointing to the new variant as a cause for central banks to rein in recent tightening of monetary policy ... The Russian central bank said it will pursue monetary policy that will bring inflation back to its 4% target by the end of 2022.
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Driving change in cross-border payments

The Independent 30 Nov 2021
An alumnus of the UK government’s Future Fifty programme, Small World has expanded from an initial team of two people to a global operation servicing customers around the world who need to send money, largely to countries in Asia, Africa and Central and South America.
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Factories brighten recovery hopes

China Daily 30 Nov 2021
Hu Yifan, head of macroeconomics for Asia-Pacific with UBS Global Wealth Management, said the Chinese central bank may cope with the downward pressure by reducing the reserve requirement ratio by the Spring Festival holiday, which will start from the end of January.
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Bears maintain grip on market: What's dragging indices lower?

The Times of India 29 Nov 2021
Key resistance and support levels for Bank Nifty are 36,628 and 35,663, respectively,” said Mohit Nigam, Head - PMS, Hem Securities ... Asian markets were mostly mixed in early trade as the spread of the Omicron variant in developed nations threatened to derail economic recoveries and the tightening plans of some central banks.
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SGX Nifty up 46 points; here's what changed for market while you were sleeping

The Times of India 29 Nov 2021
Asian markets were mostly mixed in early trade as the spread of the Omicron variant in developed nations threatened to derail economic recoveries and the tightening plans of some central banks. MSCI's index of Asia-Pacific shares outside Japan was up by 0.06 per cent.
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