Bank Indonesia (BI) on September 18 unexpectedly cut its benchmark interest rate for the first time in over three years, as the rupiah strengthened and ahead of the anticipated US interest rate cuts.
The website Bloomberg.com of the US on January 8 cited analysts' opinions, saying that the State Bank of Vietnam (SBV), among the first in Asia to lower borrowing costs in 2023, willl likely keep its benchmark interest rate steady through next year as it tackles economic growth and inflation concerns.
Indonesia's central bank has announced an increase in its benchmark interest rate by 25 basis points to 5.5% to maintain stability and boost economic recovery.
The Philippine economy shrank by more than expected in the first quarter of 2021, supporting views that the central bank will keep interest rates at a record-low at a policy meeting slated for May 12.
The State Bank of Vietnam (SBV) on September 30 announced its decision to lower the benchmark interest rate as part of efforts to support the national economy amid difficulties posed by the COVID-19 pandemic.
The central bank of the Philippines (BSP) on August 8 cut its benchmark interest rate and kept the door open for further easing to buttress the flagging economy.
The Bank of Thailand (BoT) on May 8 held its benchmark interest rate unchanged for a third straight meeting, as widely expected, saying monetary policy remained accommodative while risks to financial stability remained.
Indonesia’s central bank on November 15 decided to raise its benchmark interest rate for the sixth time this year to lower the country’s yawning current-account deficit.
Thailand’s gross domestic product (GDP) increased 3.7 percent year-on-year in the second quarter of 2017, reported the National Economic and Social Development Board.
Vietnamese shares rose on Dec. 17 for a third day on investor expectations that the market will likely continue this week's gains for the rest of this year.
Indonesia’s central bank has decided to hold the benchmark interest rate at 7.5 percent, which has been kept unchanged for six consecutive months, in an attempt to support the currency rupiah.
