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China recently announced the discovery of an undersea gold deposit, touted as the largest in Asia. This remarkable find further augments the existing troves of the precious metal, following other significant discoveries earlier this year. New Gold Reserves…
A significant gold deposit estimated to hold approximately 1,444 tonnes of reserves, valued at nearly US$193 billion, has been identified in China. This monumental find is the largest for the nation since 1949. The Discovery The find, termed as the Dadonggou…
Many banks have cut deposit interest rates this month, bringing the average rate to below 9. The rate is half a percentage point lower than at the start of this year for terms of less than six months, and one point lower for longer tenors. Some banks offered…
Personal bank deposits were nearly VND5,292 trillion (some $230 billion) by late September, down roughly VND1.5 trillion against late August, according to the central bank. Since July, monthly bank deposits fell against previous months, the State Bank of…
Deputy Director of the BI Financial Management Department Asral Mashuri in Jakarta, Tuesday 4, 2016, said that Bank Indonesia (BI) is planning on implementing a coin deposit machine to ease people in saving the form of money. “The machine would look like an…
