Independent central banks are rare breed in Asia

According to this article published Wednesday 14 February by Bloomberg, Asian leaders seem to believe that the art of central banking is too important to be left to bankers.

"Across Asia there are many examples of central banks leaving interest rates low to boost growth, and holding down currencies at the behest of politicians," the article says.

"Central banks are supposed to police governments and provide balance, rather than be lackeys. Problems arise when politicians rely too much on monetary

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