EMERGING market central banks are launching asset purchase programmes to help mitigate the economic impact of coronavirus, a fresh test of unconventional policy tools that were only adopted by developed economies a decade ago.
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Indonesian bond plan sparks fears over governance, monetisation
Bank Indonesia already plans to purchase more than US$9 billion of government bonds this year
Bank of Korea cuts rate to boost demand as Trump tariffs cast shadow
The central bank now sees the economy expanding by 1.5 per cent in 2025
Bank of Korea cuts rate to boost demand as Trump tariffs threaten exports
THE Bank of Korea (BOK) cut its benchmark interest rate in a widely expected move to support an economy jolted by political...