RISE IN SINGAPORE DOLLAR AND HIGH INTEREST EXPENSES PUSH MAS INTO LOSS

The Monetary Authority of Singapore (MAS) recorded its largest net loss of S$30.8 billion (US$22.8 billion) in…

MYR WILL NOT HIT 5/USD: BNM 

The Malaysian ringgit would not hit the 5.0 level against the US dollar because Malaysia is…

USD SLIPS TO 1-YR LOW AS FED SLOWS HIKE

The US dollar tumbled to a one-year low against a basket of currencies on Friday (Apr…

GLOBAL STOCKS UP AS YEN TUMBLES & BOJ EASES MEASURES

Global stock markets mostly rose yesterday following modestly positive economic data in Europe and the United…

USD & YEN STEADY AS SAFE HAVENS BACK IN VOGUE

The US dollar and the yen, both safe haven assets, were mostly steady after spiking higher…

RMB OVERTAKES USD: IN CHINA’S CROSS BORDER TRANSACTIONS

The yuan became the most widely-used currency for cross-border transactions in China in March, overtaking the…

USD SLUGGISH AS BANKING FEARS RISE; YEN DROPS

The safe-haven US dollar struggled to find its footing today following two days of losses as…

BNM: RIGGIT ON RECOVERY PATH POST BRUISING IN 2022

The ringgit experienced a period of sustained depreciation against the US dollar in 2022 amid the…

RINGGIT RISE AGAINST USD ON MILD PROFIT TAKING

The ringgit ended lower against the US dollar on Tuesday amid mild profit-taking in Asian currency markets…

ARE CENTRAL BANKS RATES ABOUT TO PEAK?

Southeast Asian central banks look like they are close to done fighting inflation using interest rates,…