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China Injects Funds US$43B to Drive Banking Liquidity

JAKARTA (TheInsiderStories) - In order to offset the impact of the maturing of reverse repos and to maintain reasonable and adequate liquidity in the banking...

Morning Briefing: Powell Says Less Room to Cut Rates

JAKARTA (TheInsiderStories) - Good Morning! Chairman of Federal Reserve, Jerome Powell said, there is a less room to cut the rates in this year and...

China’ Central Bank Holds Benchmark Rate in October

JAKARTA (TheInsiderStories) - People’s Bank of China (PoBC) left the loan prime rate (LPR), its latest benchmark rate, unchanged 4.2 percent in October, following two...

Morning Briefing: Chinese Renmimbi Drops to Lowest Level Again

JAKARTA (TheInsiderStories) - Good Morning! Chinese Renmimbi weakened to 7.18 to the US dollar, less than a month after Beijing let the currency pass a threshold. People’s...

Morning Briefing: Chinese Renmimbi Fell to 11-Year Low

JAKARTA (TheInsiderStories) - China' Renmimbi (RMB) fell to an 11-year low against the US dollar and stocks dropped as the trade dispute with the United States...

Indonesia Alerts on Renmimbi, Hong Kong Riots Development

JAKARTA (TheInsiderStories) - President Joko Widodo evaluated the impact of  Renmimbi (RMB) movement, Hong Kong riots and other global issues on Indonesian economy, said...

IHS Markit: Assessing the Risk of a Currency War

JAKARTA (TheInsiderStories) - People's Bank of China has devalued the Renminbi become weaker than RMB7 against the US Dollar for the first time since the global...