AL WATHBA/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan visited poet Saif …
Read More »Bank Indonesia says key interest rate near peak
Bloomberg Bank Indonesia Governor Perry Warjiyo signalled central bank may hold the key rate, saying the benchmark interest rate has “almost reached its peak†after an aggressive hiking cycle helped stabilise the nation’s currency. While the bank’s monetary policy stance remains “pre-emptive and ahead of the curve,†a more favorable outlook for US interest rate will allow Indonesia to rely …
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