Indonesia Implements Off-Cycle Rate Increase to Stabilize Currency During Crisis
In an unexpected off-cycle decision, Indonesia’s central bank raised its benchmark interest rate to support the rupiah amid a decline in…
Jet fuel costs could remain elevated even after the reopening of Hormuz, as it will take time for supply to stabilize: ING
Jet fuel prices are expected to stay high in the short term, despite Iran’s recent decision to reopen the Strait of Hormuz. Supply…