Bank Indonesia’s ownership of rupiah bonds accounted for 23% of the total this week, overtaking local banks’ holdings as authorities increased their purchases to stabilize the currency. BI’s share was less than 5% in early 2020, according to government data compiled by Bloomberg.A pandemic-era policy, bond buying has now become a major tool for Indonesia as the nation fights back against the dollar’s dominance this year.
Bill Ackman, the renowned billionaire hedge fund manager of Pershing Square Capital Management, maintains a portfolio of only eight stocks. This focused approach allows him to invest heavily in...The mystery is over: Warren Buffett’s Berkshire Hathaway disclosed a major stake in the insurance company Chubb, finally revealing the investment he has kept under wraps since last year.Why I Continue Buying Shares of This Healthy and Secure 5.
Warren Buffett is hoarding $200 billion as he may see 'storm clouds' ahead, says top economist Steve Hanke
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