Analysis: Interest Rates

India's economy grows 6.2% in October-December

India's economy grew by 6.2% in October-December, marginally below expectations but faster than in the previous quarter on the back of increased government and consumer spending, data released on...

Tighter lending norms stymie Indian banks' loan growth for 7th month

Indian banks' loan growth moderated for a seventh straight month in January, central bank data showed on Friday, due to a drop in personal and credit card loans following tighter rules by the Reserve...

Bank Indonesia intervenes after rupiah falls to 5-year low against dollar

Indonesia's central bank conducted a bold intervention in the foreign exchange market on Friday, an official said, after the rupiah fell to its lowest level against the U.S. dollar since March 2020. ...

China urged to think big, go hard on reviving battered consumption

Coco Wen took advantage of China's consumer subsidies to buy herself a new iPhone for about two thirds of the original price. At the same time, she's cutting spending on other things. I...

IMF team to visit Pakistan next week with $7 billion bailout review due

A mission from the International Monetary Fund will arrive in Pakistan next week, finance minister Muhammad Aurangzeb said on Wednesday, with a first review of a $7 billion bailout programme due in...

Bank Indonesia to provide funding for state housing project, president's aide says

Indonesia's central bank has agreed to provide 130 trillion rupiah to support President Prabowo Subianto's affordable housing programme, presidential adviser Hashim Djojohadikusumo said on...

India's RBI partly dials back strict loan rules for micro credit, non-bank lenders

The Reserve Bank of India has partially reversed tighter rules for bank loans to small borrowers and non-bank lenders, according to two separate circulars issued on Tuesday. The reversal...

China's home prices to drop further, recovery not expected until 2026

The outlook for China's property sector has turned gloomier despite expectations of price stabilisation by next year as government measures to boost demand help the fragile recovery, a Reuters poll...

China cenbank conducts medium-term loan operation, rate unchanged

China's central bank conducted a medium-term loan operation on Tuesday and left the interest rate unchanged. The People's Bank of China lent 300 billion yuan in one-year medium-term...

India's central bank relaxes certain norms for urban co-operative banks

India's central bank on Monday revised certain norms for urban co-operative banks , with a view of providing them with greater operational flexibility, while meeting regulatory objectives. ...

Rates: Financials benefit from steepening

As an investor in US individual stocks, you'll no doubt have noticed that since the start of the year, the 7 magnificence has lost some of its lustre, as has the technology sector as a whole. On the...

China's key property rescue tools are too hard to use to make an impact

Key tools China introduced last year to stabilise the property market are making very little impact, pressuring Beijing to find new solutions for the crisis-hit sector, which analysts say must involve...

Indonesia central bank to expand support for government's housing programme

Indonesia's central bank will support the government's affordable housing programme through purchases of bonds in the secondary market, Governor Perry Warjiyo told reporters on Thursday night. ...

Indonesia current account deficit widens to 0.6% of GDP in 2024

Indonesia posted a $1.1 billion deficit in its current account in the final quarter of 2024, equivalent to 0.3% of GDP, the central bank said in a statement on Thursday. The country...

Foreign holdings of US Treasuries fall in December

Foreign holdings of U.S. Treasuries fell in December as the two largest foreign holders of the government debt, Japan and China, both cut their portfolios, data from the Treasury Department showed on...

Rates: No further cuts in sight

The release of a rising consumer price index provided further evidence that the Fed intends to pause its rate-cutting cycle. Moreover, Jerome Powell took advantage of his Senate hearing to hammer home...

Trump's focus on US yields fuels bets on bank leverage rule review

The Trump administration's pledge to contain long-term U.S. Treasury yields has strengthened bond market expectations that a long-desired regulatory shift on bank leverage requirements could be...

India's RBI to enhance liquidity next week to cover for tax outflows

The Reserve Bank of India will step up its liquidity infusion and inject over $16 billion next week into the banking system, which will see large outflows owing to tax payments. The RBI...

India's central bank supersedes board of New India Co-operative Bank

India's central bank said on Friday it has taken control of the board of New India Co-operative Bank for 12 months, a day after its depositors were barred from withdrawing money from the lender. ...