ERM
BoK delivers hawkish hold
Shin says previous hikes provided room for pause, though tightening would continue amid heightened inflation
Philippines’ FX reserves fall to three-year low
BSP says levels sufficient following period of currency interventions and devaluations
Singapore issues guidelines for ‘responsible use’ of AI
MAS says financial institutions can adopt different approaches in proportion with their risk profiles
Now more important that inflation does not exceed target – Ueda
Reports say Japan’s central bank is preparing to state that price growth has hit 2%
Divergence from global cycles gives Asia policy room – Amro
Change may allow Asean+3 central banks to focus on domestic rather than global conditions, report says
RBA says stability risks mainly come from abroad
Bank’s finstab report says financial system resilient but points to AI and geopolitical concerns
China unveils targeted rate cut and mortgage subsidies
PBoC eases policy for infrastructure lenders and ups support for tech innovation
BdF chief urges French politicians to break budget deadlock
Central bank governor warns another stalemate could jeopardise France’s economic future
MNB seeks closer alignment with ECB, lowers inflation target
Monetary policy decisions will also be reduced from 12 to eight each year from 2027
Pacific series: Climate is top issue for Fiji’s governor Ariff Ali
Head of central bank speaks about climate, inclusion, modernisation and vulnerability ahead of his likely retirement next year, following 30 years at institution
HKMA and PBoC explore ‘enhancements’ to swap line
New five-year plan cements city’s lead role in currency’s internationalisation efforts
Japan and Malaysia to promote direct yen-ringgit settlement
BNM and BoJ also double size of swap line to $6bn
MNB governor signals cautious optimism over euro adoption
Hungary has to overcome ‘pessimism’ if it wants to join currency union, says Varga
Uzbekistan and Hong Kong formalise gold trade co-operation
Uzbek central bank stresses need to diversify country’s precious metals sector
New Zealand tightens policy as inflation remains above target
RBNZ says currently ‘lacklustre’ growth likely to accelerate after carrying out expected hike
Bessent believes BoJ will act in support of yen
‘I have information that the market doesn’t have,’ US Treasury secretary says
MAS proposes changes to Singapore’s stablecoin regulations
Amendments would see multi-jurisdictional and foreign stablecoins recognised
Indonesian lawmakers approve Damayanti as BI governor
Parliament also confirms deputy governors, with formal appointments set for next month
Philippines tightens policy as inflation fight continues
Analysts believe decision marks end of BSP’s current policy cycle
RBA says supply of reserves is still higher than demand
Transition from central bank-driven approach towards market-led system is ongoing, official says
Former PBoC governor and Chinese premier Zhu Rongji dies
Leader praised by CCP and Hong Kong leaders for role in reforms and financial stability