Markets.
Bank Indonesia Vows Rupiah Stability as Governance Fears Mount
Indonesia's central bank affirmed its commitment to the rupiah after it closed at Rp18,184 per US dollar on Wednesday, while officials warned of further weakening risks.
Reserve Bank of India pulls ₹1.65 trillion from money markets
India's central bank acted on 29 October 2026, tightening system liquidity. The overnight market saw ₹7.37 trillion in volume, trading at an average rate of 5.51%.
Bank of Thailand holds rate at 1%, lifts 2026 growth on AI exports
The Bank of Thailand maintained its benchmark rate at a four-year low of 1% for the fourth consecutive meeting, citing manageable inflation and a 24% surge in September exports.
Rupiah Hits Record Low; Bank Indonesia Intervenes Amid Fiscal Worries
Indonesia's currency closed at Rp 18,184 per US dollar on Wednesday, marking a new low as the central bank pledges market intervention against global and domestic pressures.
Vietnamese Dong Gains on Dollar in Unofficial Market
The US dollar declined 0.23% to VND26,080 at unofficial exchange points in Vietnam on Wednesday, 28 October 2026, as the State Bank of Vietnam also adjusted its reference rate.
Vietnam Dong Dips 0.04%, Yen Weakens 0.16% Ahead of BOJ
The Vietnamese dong saw a marginal 0.04% dip against the US dollar to VND26,040 on Tuesday, as the Japanese yen also eased 0.16% to 157.73 per dollar.
Philippine Peso Sinks to P64 Against Dollar, New Record Low
The currency's latest depreciation on 27 October marks its 32nd record low this year, as the Bangko Sentral ng Pilipinas maintains its non-intervention policy.
Bank Indonesia Holds Rate, Boosts Hedging After MSCI Market Shift
Jakarta's central bank maintained its benchmark rate at 5.75% and increased incentives for rupiah hedging instruments following market volatility triggered by MSCI's reclassification proposal.
RBI schedules ₹1.5 trillion repo auction for October 26
India's central bank will offer a four-day variable rate facility to manage immediate market liquidity, with funds reversing on October 30, 2026.
Bank Indonesia holds rate, eases RRR to spur lending
Jakarta equities recovered after the decision, but the rupiah retained its position as Asia's weakest currency this year.
Bank Indonesia holds main rate at 5.75%, cuts bank reserve ratio
The central bank will reduce commercial bank reserve requirements by two percentage points over November and December, aiming to stabilise the rupiah and support growth.
RBI to Conduct ₹50,000 Crore Liquidity Injection Auction
India's central bank will hold a three-day variable rate repo operation on 23 October 2026 to inject funds into the financial system, managing short-term liquidity.
Singapore Dollar Becomes Carry Trade Funder as MAS Pauses Policy
The Monetary Authority of Singapore's recent policy pause and falling local money market yields make the SGD a cheaper borrowing option for investors, strategists note.
BOJ's Ueda: Japan's Core Inflation Nears 2% Target, No Further Rise
Bank of Japan Governor Kazuo Ueda stated last Friday that underlying price growth is close to the central bank's 2% goal, indicating no tolerance for additional increases.
Singapore MAS holds policy band as AI, energy outlook eases
The central bank unexpectedly paused its tightening cycle, forecasting global energy and artificial intelligence cost pressures will moderate next year.
Bank Indonesia asserts independence as investors seek proof
Governor Destry Damayanti affirmed the central bank's full autonomy in setting interest rates, even as market participants question its policy direction following significant bond purchases.
Dollar slides against dong as SBV lifts reference rate
Vietcombank sold the US dollar at VND26,080 on Wednesday, a 0.08% decrease, while the State Bank of Vietnam increased its reference rate to VND25,646.
RBI to Absorb ₹50,000 Crore via Overnight Reverse Repo
The Reserve Bank of India will conduct an overnight Variable Rate Reverse Repo auction on 14 October 2026 to manage excess liquidity within the banking system.