Why do central banks all over the world stockpile ‘gold’ as reserves?

With market volatility and a slowing economy, people are striving for something called Safe Haven. One of the Safe Havens is ‘gold’, an asset held by several central banks as an international reserve.
TBA cut its MRR interest rate by 0.25% for six months to help vulnerable groups

Recently, The Government Financial Institutions Association (GFA) has agreed with the government to cut interest rates by 0.25% for six months, starting from May 1 onward to help retail customers and vulnerable groups.
Do you know that China also has the ‘Songkran Festival’?

Songkran Festival is the Thai New Year’s Day, a tradition passed on from generation to generation for a long time. This is also a popular festival that both Thais and foreigners look forward to, especially Chinese people who travel to Thailand.
Do you know that the Songkran Festival is also held in China? but only in some areas in China. Let ACU PAY take you to see which part of China has this festival as Thailand.