Tag: Foreign Currency
Morning Briefing: Hong Kong Give Stimulus US$511M to Bolster Economy
JAKARTA (TheInsiderStories) - Good Morning! Hong Kong' government pledged HK$4 billion (US$510.85 million) stimulus to help bolster the economy after hit by months of unrest. Its...
Bank Indonesia Strengthens Banking Foreign Debt Rule
JAKARTA (TheInsiderStories) - Bank Indonesia (BI) tightened the rules on foreign currencies debt and other obligations for the local lender. The new provisions are amended in...
BI to Lower Hedging Cost via Swap Transaction
JAKARTA (TheInsiderStories) - Bank Indonesia (BI) planned to take measures to lower the cost of foreign currency hedging via swap transaction, BI’s Head of Monetary Department...