Two currency bets in Asia flash warning signs as year-end nears
Moves in precious metals have also contributed to swings in the region’s currencies Some of Asia’s strongest currency trends are ...
Tag: Currency
Indonesia’s vow to balance currency, growth may cushion rupiah
Heavy selling of Indonesian bonds since September has reduced US$4.6 billion of net bond inflows to a gain of merely ...
How India’s rupee ended up as Asia’s worst currency this year
To stabilise the rupee, India’s central bank has sold over US$30b in FX assets since late July The Indian rupee ...
Rupee gains as RBI returns to defend currency after slump
INDIA’S rupee bounced back after the Reserve Bank of India (RBI) resumed efforts to support it, following a sharp drop ...
Japan signals chance of currency intervention, yen rises
The currency is down around 6% since Prime Minister Sanae Takaichi was elected leader of her party Japan sees currency ...
Rupiah redenomination: How will Indonesia’s currency reform affect its economy?
Redenomination can improve the country’s economic efficiency and enhance confidence in the currency but risks driving inflation In Indonesia, travellers ...
Indonesia plans a bill to redenominate rupiah currency
Indonesia’s finance ministry said it is planning a new bill to redenominate the rupiah in an effort to improve economic ...
US shutdown compounds worst year for currency trading since 2005
Traders less willing to stake big bets with a dearth of crucial economic and market positioning statistics The longest US ...
Thai central bank intervenes to slow currency moves
The currency’s strength relative to regional peers is seen as a threat to exports and tourism Thailand’s central bank has ...
China’s PBOC extends currency swap pacts with ECB, Swiss, Hungarian central banks
China’s central bank has extended currency swap agreements with the European Central Bank and the central banks of Switzerland and ...
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