DUBAI / WAM Dubai Land Department (DLD) has announced the launch of Phase II of …
Read More »$76 billion fund gives contrarian call for Indonesia interest rate cuts
Bloomberg Indonesia’s central bank should signal interest-rate cuts to draw more foreign money into the nation’s bonds, according to a top emerging markets asset manager. The current-account deficit will remain manageable and Bank Indonesia has room to reverse some of the rate hikes it implemented last year, Anil Kumar, who helps manage about $76 billion of funds at Ashmore Plc, …
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