Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
The days of paying in US dollars between corporate treasuries in four ASEAN countries could soon be numbered following an agreement between Thailand, Indonesia, Malaysia and the Philippines
Bank Indonesia governor pledges to reduce reserve burden for Islamic banks and those holding foreign currency deposits, in move to reduce the impact of US rate hikes.
Bank Indonesia plans to allow major lenders to offer call spreads to firms that need to hedge currency risks, a move that could cut hedging costs in half for some firms.
Bank Indonesia’s no-dollar rule for cash and non-cash domestic transactions is in effect, exposing some treasurers to more rupiah volatility. They are looking closely at the policy’s exemptions and grace measures to ...