15:27:36
Philippine central bank: considering raising interest rates in November.
15:27:31
Bangko Sentral ng Pilipinas: In the first half of 2024, I expect interest rates to be similar to where they will be at the end of this year.
15:26:07
Bank Indonesia intervenes in the spot and forward foreign exchange markets to stabilize the rupiah.
15:25:45
Bangko Sentral ng Pilipinas: The U.S. dollar is likely to be stronger next year.
15:25:42
Bangko Sentral ng Pilipinas: Our interest rates are close to appropriate levels.
15:25:03
The rupiah was basically flat after the central bank maintained its benchmark interest rate. The rupiah was at 15,370 against the US dollar, up 0.03% on the day.
15:24:18
Bank Indonesia: The focus of monetary policy is to stabilize the Indonesian rupiah to mitigate the spillover effects of global uncertainty.
15:23:38
Philippine Central Bank: Does not rule out further interest rate hikes.
15:23:27
Philippine central bank: No interest rate cut this year.
15:22:21
Bank Indonesia: Interest rate decision is consistent with inflation target.
15:22:00
Bank Indonesia maintained the 7-day reverse repurchase rate at 5.75%, in line with market expectations.
15:16:20
Philippine Central Bank: Expected average inflation rate in 2023 to be 5.8% (previous forecast was 5.6%).
15:15:58
Sources: Japan, the UK and Italy plan to base their advanced jet fighter program in the UK.
15:15:05
Philippine Central Bank Governor: The balance of risks in the inflation outlook remains tilted to the upside.
15:14:22
The Philippine central bank kept its policy rate unchanged at 6.25%, in line with market expectations.
15:14:06
Philippine Central Bank: Inflation rate is expected to be 3.5% in 2024.
15:06:19
Bank Indonesia Governor: The Federal Reserve is expected to raise interest rates in November.
15:06:07
Bank Indonesia Governor: Interest rates in developed economies, including the United States, are expected to remain high.
15:04:48
Governor of the Bank of Indonesia: Global economic growth is expected to remain at 2.7% in 2023.
15:04:21
Bank Indonesia: Global uncertainty remains high.