Thailand’s new inflation target range of one to three percent for next year, narrowed from this year’s one to four percent, does not signal a change in monetary policy implementation, a deputy central bank governor said on Tuesday.
Bank of Japan Governor Haruhiko Kuroda said on Friday the central bank was ready to expand monetary stimulus if needed, brushing aside the view the BoJ had little ammunition left to fight the next economic downturn.
The European Central Bank will almost certainly announce new stimulus measures at its policy meeting next week, analysts said, as eurozone inflation turned negative and the economic outlook continues to cloud over.
Almost 50 bilateral agreements have been signed worldwide, more than half of which is in Chinese Yuan and currencies other than the US dollar. The last relevant monetary treaty was signed by Australia and South Korea.