Bank Indonesia Holds Rates to Support Rupiah, BNY Says
Bank Indonesia (BI) kept its benchmark interest rate unchanged, prioritizing stability for the Indonesian rupiah, according to a recent analysis by BNY. BI’s
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EUR/GBP climbs to two-week high as UK services inflation cools
The euro strengthened against the pound on Tuesday, pushing EUR/GBP to its highest level in two weeks after data showed UK services inflation
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Russia’s Producer Prices Plunge 2.5% in July as Industrial Demand Weakens
Russia’s Producer Price Index (PPI) fell by 2.5% month-on-month in July, a sharp contraction compared to the previous month’s 0.1% decline, according to
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Russia’s Producer Price Inflation Eases Sharply in July, PPI Drops to 6.6%
Russia’s Producer Price Index (PPI) rose 6.6% year-on-year in July, a sharp deceleration from the 10.5% increase recorded in June, according to data
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Bitcoin and Gold Extend Gains as Middle East Tensions Persist
Bitcoin and gold both extended their gains on [Date], as investors continued to seek safe-haven assets amid escalating Middle East tensions. The ongoing
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Colombia’s Trade Balance Shifts to Deficit in June as Imports Surge
Colombia’s trade balance recorded a deficit of $-2.161 million in June, a significant swing from the previous month’s deficit of $-1222.7 million, according
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Canadian Dollar Rises as Trump Pauses 50% Tariffs, Oil Prices Climb
The Canadian dollar strengthened against its U.S. counterpart on [Date], following the Trump administration’s decision to pause the imposition of 50% tariffs on
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Commerzbank: Chinese Yuan Faces Policy Support as Growth Momentum Fades
Commerzbank analysts said in a note on Monday that the Chinese yuan is likely to receive policy support as economic growth slows, signaling
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US Crude Oil Inventories Surge by 4.4M Barrels, Defying Analyst Expectations for a Draw
US crude oil inventories posted a substantial build of 4.405 million barrels for the week ending August 14, sharply contrasting with market forecasts
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EIA Distillate Inventories Drop by 1.53 Million Barrels in Week Ending August 14
The U.S. Energy Information Administration (EIA) reported a decrease of 1.53 million barrels in distillate fuel inventories for the week ending August 14,