Hong Kong's Jobless Rate Remains at 3.1% in Q4
Hong Kong Monetary Authority: The composite interest rate at the end of December 2024 is 2.24%, an increase of 4 basis points month-on-month.
On January 17, the Hong Kong Monetary Authority announced the comprehensive interest rate for the end of December 2024.
Indonesia's Exports Mainly Driven By Manufacturing
Indonesia unexpectedly cut interest rates, and India has loosened its fluctuations. Are central banks in Asia ready to abandon the "MMF defense battle"?
Under the pressure of a prolonged economic downturn, some central banks in Asia have begun to prioritize boosting the economy rather than managing Exchange Rates.
Two "accidents" in 24 hours! Are the central banks in Asia facing an increasingly difficult "currency defense battle"?
① In the 24-hour period from Wednesday to Thursday this week, central bank rate decision-makers in Asia have surprised people with two "unexpected" moves; ② one being the unexpected decision by the South Korean central bank on Thursday to keep interest rates unchanged, not catering to the market's expectations of a potential third consecutive rate cut; ③ and earlier, the Indonesian central bank unexpectedly lowered rates on Wednesday to stimulate the economy, which swiftly undermined the exchange rates of the Indonesian rupiah.
Bank Indonesia, Facing Soft Inflation, Lowers Key Interest Rate