Not letting up the fight against inflation, Singapore’s central bank on Friday (Oct 14) tightened monetary…
Category: TREASURY/FX
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…
JAPAN INTERVENES IN JPY. WHAT NEXT?
Japan intervened in the currency market on Thursday (Sep 22) to buy yen for the first time since…
SGD MOST RESILIENT ASIAN CURRENCY AGAINST USD
Singapore’s dollar has established itself as Asia’s most resilient currency against the US dollar this year,…
MYR TO FALL FURTHER AS US RATES RISE
The ringgit is expected to see further declines next week against the greenback at around the…
EURO FALLS TO 20-YR LOWS
The euro slides to $0.9876 after Russia scraps a Saturday deadline for flows from the Nord…