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Taiwan set to raise rates

Fai-Nan Perng, the governor of the Central Bank of China (Taiwan), has told the country's parliament that he will carry on hiking rates to dampen inflationary pressures.

RBA's Debelle on bond market

Australian banks, having sound balance sheets, have been able to maintain their pre-crisis pace of bond issuance and have continued to directly access wholesale funding throughout the recent period of turmoil, said Guy Debelle, an assistant governor at…

Saudi must diversify investments, says top bank

The National Commercial Bank, Saudi Arabia's largest state bank, has called on the government to set up a sovereign wealth fund to cut the country's exposure to the greenback. The central bank should also look at de-pegging the riyal from the dollar.

Fed minutes: dissenters' views

Eric Rosengren and William Poole, two presidents of regional Federal Reserve's and voting members of the Federal Open Market Committee (FOMC), both disagreed with aspects of the central bank's recent decisions regarding monetary policy and open market…

Research shows dollarisation and rates link

Since the adoption of inflation targeting and a floating exchange rate in 1999, real interest rates in Brazil have fallen as levels of dollarisation in the economy have dropped, research published by the International Monetary Fund finds.

Interbank rates edge down again

Money market tensions eased further on Friday, signalling that the joint action announced by five of the most powerful central banks last week is having some impact in narrowing spreads between interbank and central banks' benchmark rates.

Carry trade returns high but losses heavy

Though carry trades in various Asian currencies tend to outperform major stock markets, there is a relatively high frequency of large negative returns, research published by the Bank for International Settlements finds.

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