Central Banks in Asia

Singapore Consumer Prices Fall Further In October

Consumer prices in Singapore fell further on a yearly basis in October, mainly due to lower housing as also recreation and other costs, an official report showed Monday. The consumer price index has now fallen for seven...

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China names new vice governor of central bank

BEIJING, CHINA (AFP) - China's cabinet has appointed Zhu Min as vice governor of the nation's central bank, state press said Monday, amid reports that he is being groomed for a top job at the International Monetary Fund. His...

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Fischer: Interest rate will rise to 1%, but remain low in major banks

Bank of Israel governor Stanley Fischer announced on Monday evening that the interest rate in Israel would be raised from 0.75 percent to 1 percent, mainly due to the relatively high inflation rates recorded in the past year....

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Experian and Indian banks create credit bureau joint venutre

This follows the decision by the Reserve Bank of India (RBI) on 17 April 2009 to grant Experian a provisional licence to operate a Credit Information Company in India. The joint venture company will now apply to the RBI to...

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CREDIT BUBBLE BULLETIN : Reflation issues heat up

Low-interest inflationists remain in control of the Federal Reserve and US Treasury, downplaying bubble risks while oblivious to the failure of their policies to create additional wealth over the past 10 years. We now appear...

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Shahbaz rewards top scorers

Says govt to bear expenses of thalassemia patient; Punjab to offer free education to Baloch students Monday, November 23, 2009 By Our Correspondent LAHORE PUNJAB Chief Minister Shahbaz Sharif has announced that 50...

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Rupee ends 14 paise stronger

MUMBAI: Extending its rally for the second consecutive day on Monday, the rupee gained 14 paise against the US dollar to close at 46.47/48 on sustained dollar selling amid a firm trend in domestic bourses. The rupee drew...

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Yudhoyono to address the nation as corruption scandals spread

JAKARTA: Indonesia's Vice-President, Boediono, is under intense pressure over his role in the $720 million bail-out of a bank linked to donors who supported the election campaign of his running mate, President Susilo Bambang...

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UPDATE 1-Kazakh Cbank to consider rate cuts in Q1 '10-Deputy

By Daniel Bases NEW YORK, Nov 23 (Reuters) - Daniyar Akishev, speaking with Reuters on the sidelines of a Kazakhstan-U.S. Investment forum, said now was not the time to revise interest rate policies. BTA faces a Dec. 7 deadline...

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Dollar Down against Shekel

Follow Israel news briefs on and (IsraelNN.com) The United States dollar declined in value .262 percent against the shekel in the first day of official rate fixing this week by the Bank of Israel. The new rate is NIS 3.801. The...

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