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Impact of US Treasury Decision to Designate China as ‘Currency Manipulator’

JAKARTA (TheInsiderStories) - The escalation of the United States (US) - China trade war pushed the Chinese Yuan through the key 7.0 threshold against the Greenback...

Morning Briefing: Forex Reserves Data Out Today, Johnson Calls Widodo

JAKARTA (TheInsiderStories) - Indonesian central bank will announce the foreign exchange (forex) reserves data today. Last month, the forex reserves recorded worth of US$123.8 billion,...

PBoC Plans to Sell US$4.27B Notes to Improves the Yield

JAKARTA (TheInsiderStories) - People's Bank of China (PBoC) will sell RMB30 billion (US$4.27 billion) worth of Yuan-denominated securities in Hong Kong on August 14, to...

Indonesia, China Renew Bilateral Local Currency Swap Arrangement

JAKARTA (TheInsiderStories) — Bank Indonesia and People's Bank of China (PoBC) renew its cooperation over bilateral local currency swap arrangement and doubling the amount from...