The ringgit continued to weaken against the US dollar as demand for the greenback appreciated further…
Category: TREASURY/FX
SURGING DOLLAR CAUSES PAIN GLOBALLY
A surging US dollar is making local currencies weaker and contributing to skyrocketing prices of everyday…
RINGGIT ENDS LOWER AGAINST US DOLLAR, CLOSER TO ALL-TIME LOW
The ringgit extended last week’s downtrend to close lower against the US dollar today, nearing the…
STRONGER S$ LESS HELPFUL FOR EXPORTERS
Local steel processing and servicing firm Kawarin Enterprises has, in one respect, reaped the benefits of…
WHAT MAS TIGHTENING MEANS FOR INFLATION, INTEREST RATES AND THE S$
Not letting up the fight against inflation, Singapore’s central bank on Friday (Oct 14) tightened monetary…
US$50 BILLION SPENT TO DEFEND ASIAN CURRENCIES VS STRONG USD
Asian governments spent about $50 billion in foreign-exchange reserves last month — the highest level since…
STRONG USD HURTING EMERGING ECONOMIES
The dazzling rise of the US dollar, which has hit one record after another, is raising…
GBP SINKS AS USD SOARS
Sharp fluctuations of major currencies inject new uncertainty into fraught global economic outlook. As the British…
CHINA INTERVENES IN RMB & RAISES FX RISK RESERVE RATIO
China’s central bank on Monday (Sep 26) announced steps to slow the pace of the yuan’s…
BANK OF THAILAND WATCHING THB/INFLATION CLOSELY
Thailand’s central bank is closely monitoring the baht weakness but there has been no big concern…