The governor of China’s central bank indicated that the government was unlikely to detach the value of China’s currency from that of the dollar anytime soon, echoing a statement Friday by Prime Minister Wen Jiabao that exchange rates would remain ‘‘basically stable’’ for now
China’s central bank raised a key interest rate slightly Thursday for the first time in nearly five months, in what economists interpreted as the beginning of a broader move to tighten monetary policy and forestall inflation
Gold climbed to a record in London and New York on a further drop by the dollar and on a report that India may buy more bullion for its central-bank
Public-sector lender Central Bank of India has reduced deposit rates by 0. 25-0
The Australian central bank raised its benchmark interest rate Tuesday for the second month in a row, as widely expected, and suggested a gradual withdrawal of stimulus measures amid mounting
The South Korean economy grew the most in seven and a half years in the third quarter, prompting investors to bet the data would increase pressure on the central bank
The Reserve Bank today indicated that it would continue with its accommodative policy stance as managing growth and inflation poses a big challenge for the central bank.
Singapore’s central bank decided against encouraging the appreciation of the country’s currency at a policy review Monday, saying it lacked faith in the global economic recovery and feared slower growth
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