Home News Covid-19

Southeast Asian central banks coordinating efforts, Indonesia Governor says

Bloomberg4/1/2020 08:56 AM GMT+08  • 2 min read
Southeast Asian central banks coordinating efforts, Indonesia Governor says
Policy makers across Southeast Asia have been slashing interest rates, boosting market liquidity and injecting stimulus into their economies as the spread of the pandemic brings the world to a near-standstill.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

(Apr 1): Officials from leading Southeast Asian central banks have agreed to coordinate efforts to boost their economies, all struggling under the blow from the coronavirus pandemic.

Bank Indonesia Governor Perry Warjiyo told reporters in an online briefing Tuesday that he held talks a day earlier with officials from five central banks in the region. He didn’t give details of what kind of coordination, if any, was decided.

The measures they’re planning are “still in discussion,” Warjiyo said. “But it shows that we move in a coordinated way in the region.”

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.