The State Bank of Vietnam (SBV) will increase its interference in the foreign currency market and stay ready to pump money to the market more frequently, thus creating favourable conditions for credit institutions to meet the demand for legal foreign currencies of organisations and individuals, according to Vice Director of the SBV’s Monetary Policy Department Pham Chi Quang.
The Central Bank of Myanmar (CBM) has banned the use of foreign currency for local payments to stabilise the foreign exchange rate in the country, reported Xinhua news agency.
Finance ministers and central bank governors from G20 members will gather for their first meeting this year in Jakarta from February 17-18 during Indonesia’s G20 Presidency.
The Bank of the Lao P.D.R (BOL) has issued licences authorising two companies to trade in cryptocurrencies, local daily Vientiane Times reported on January 19.
Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has issued Directive No.01/CT-NHNN on organising the implementation of the key tasks of the banking sector, with a focus on improving credit quality and tightly controlling loans to potentially risky industries.
The State Bank of Vietnam (SBV) will enhance inspections to discover illegal finance companies and protect the interests of consumers and licensed finance companies, according to the SBV’s Governor Nguyen Thi Hong.
The State Bank of Vietnam (SBV) has continued to be placed at top position for the second consecutive year in the rankings of cyber information security for State agencies by the Authority of Information Security under the Ministry of Information and Communications.
Indonesia’s central bank will purchase government bonds worth up to 439 trillion rupiah (30.46 billion USD) in 2021 and 2022 under a new agreement with the country's Ministry of Finance, according to Reuter, citing CNBC Indonesia's report on August 23.
Thailand’s central bank said on August 19 it plans to test its retail digital currency for the public in the second quarter of 2022 as an alternative payment option.
Bank Indonesia (BI) has cut its 2021 economic growth forecast range for the Southeast Asian country to between 3.5-4.3 percent from 4.1-5.1 percent previously.
The State Bank of Vietnam continues topping the 2020 Public Administration Reform (PAR) Index, the Government’s Steering Committee for Administrative Reform has announced.
Indonesia's central bank has slashed its forecast for 2021 economic growth to 3.8 percent from a previous forecast of 4.6 percent, based on early assessments of the impact of recent social restrictions.
The Monetary Authority of Singapore (MAS) and the Bank of France (BdF) on July 8 announced the successful completion of a wholesale cross-border payment and settlement experiment using central bank digital currency (CBDC).
Business
