ABU DHABI/WAM The United Arab Emirates and the Republic of the Philippines formalised a new …
Read More »Indonesia plans to cut three zeroes from Rupiah
Bloomberg Indonesia’s central bank is reviving a plan to redenominate the currency of Southeast Asia’s biggest economy despite the threat of market turmoil as the US steps up the pace of interest-rate increases. “Re-denomination must be done while the economy is stable,†Bank Indonesia Senior Deputy Governor Mirza Adityaswara told reporters in Jakarta on Monday. “Now, at this moment, …
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