China allows renminbi exchange flexibility

By Amy Lam

People’s Bank of China stresses that the decision is based on China’s strategic needs to shift to a domestic-driven economy and it will help to alleviate internal inflationary pressures

Indonesia acts against hot money

By Nick Parsons

Minor controls on the rupiah were imposed by the Bank of Indonesia yesterday in a bid to stem foreign inflows of speculative money that threaten to jeopardize the government’s economic program

Emerging markets, US to bolster economic rebound, says Coface

By Chito Santiago

The ongoing recovery is marked by a sharp contrast between the robust emerging markets and the resilient US economy and, on the other hand, Western Europe, where economies are static

World Bank, graceful exit for Indonesia's Mulyani

By Nick Parsons

Sri Mulyani Indrawati, Indonesia's respected finance minister, has stepped down to become one of three managing directors at the World Bank and top advisor to president Robert Zoellick

India raises key lending, borrowing rates

By Rodney Diola

The Reserve Bank of India (RBI) raised the repo and reverse repo rate by 25bp on March 19 to counter growing inflationary trends

Trade war between US and China is biggest risk to global economy, says BAML report

By Rodney Diola

The report also warns that another threat to global economic recovery is premature tightening of the global monetary and fiscal policy as several central banks try to normalize interest rates by raising benchmark rates