Beware political risk on RMB; India promotes fintech innovation; Malaysia releases fresh guidelines for anti-money laundering; Thai central bank throws weight behind ESG
The growth of e-payments in China could cause major headaches for its central bank's monetary policy, including making depositors more sensitive to rates.
The IMF could announce this week whether it wants to add renminbi to the special drawing rights basket of currencies. Some banks are betting that China has done enough.
The rupiah’s 17-year low against the US dollar is placing great pressure on Indonesian companies, notably property developers, who need to pay off their FX debt, credit agencies are warning. Many are also painfully ...
The People’s Bank of China announced yesterday afternoon that corporates can now invest in certificates of deposit, a much needed move to complete interest rate liberalisation