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June 20, 2025 12:00 AM UTC
EMERGING ASIA
EM currencies are trading mostly weaker against the greenback as the USD gains on higher geopolitical tension between Iran and Israel. The largest losers are PHP 0.87%, followed by IDR 0.58%, KRW 0.51%, THB 0.44%, INR 0.30%, TWD 0.29%, MYR 0.21%, SGD 0.16%; while the biggest winner is C
June 19, 2025 7:49 PM UTC
Bottom Line: Central Bank of Turkiye (CBRT) held the policy rate unchanged at 46% during the MPC on June 19 despite inflation continues to ease. CBRT highlighted in its written statement that the tight monetary stance will be maintained until price stability is achieved via a sustained decline in in