Tag: Forex markets
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South Korea’s stock market rout isn’t a vote against the country, market exchange chief says
“This is a rebalancing exercise, and has nothing to do with any loss of conviction in the Korean market,” Korea Exchange CEO Jeong Eun-bo said.
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Indonesia raises rates in surprise move as rupiah lingers near record lows
In a statement, the central bank said this was also a “pre-emptive measure” to maintain inflation within the government’s target range of 1.5% to 3.5%.
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India’s cenbank cuts growth outlook, raises inflation forecast as it keeps rates steady at 5.25%
RBI raised its inflation projection for the year ending March 2027 by 50 basis points to 5.1%, while cutting growth forecast to 6.6% for the year, from 6.9%.
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