Bloomberg India’s central bank kept interest rates unchanged as rebounding inflation limits room to spur an economy struggling to recover from disruptive government policies. The benchmark repurchase rate was left at 6 percent, the Reserve Bank of India said in a statement in Mumbai on Wednesday. Five of the six-member monetary policy committee voted for the move, which was predicted ...

Bloomberg Bank Indonesia sees no reason to adjust monetary policy if inflation and the currency remain in line with its forecasts, Assistant Governor Dody Budi Waluyo said. Inflation is still within the central bank’s target and the currency is sta- ble, Waluyo said on a panel at Bloomberg’s Year Ahead Asia Conference in Jakarta on Wednesday. “As long as our ...

Bloomberg Hungarian central bankers are joining the quantitative easing (QE) era just as major global counterparts such as the US Federal Reserve look to leave it. The National Bank of Hungary will start buying mortgage-backed securities from January in its latest move to bring investors to heel and drive down interest rates. Departing from the approach of most small central ...