The Thai baht is heading for its biggest annual gain against the US dollar in eight years. At first glance, there seems to be ...
In well-connected circles within China, the yuan’s persistent weakness is increasingly being seen as an obstacle to the country’s growth.
Russia’s ruble has outpaced every major currency against the dollar this year, a rally that caught policymakers off guard and ...
Asia is back on top. The region’s stock markets have beaten the US and Europe this year, credit markets are strong, ...
Asian currencies are poised for their best week in nearly two months as regional policymakers increased their intervention efforts and rhetoric. The Bloomberg Asia Dollar index has gained by 0.4% this ...
Issuance of offshore yuan bonds rose to another record, a fresh sign of Beijing’s progress on internationalizing its currency as the dollar’s appeal weakens.
Taiwan’s life insurers have cut their currency hedging to a record low, while boosting their buffer against foreign-exchange risks to give themselves a greater capacity to ride out any potential ...
South Korean authorities are making an increasingly frantic effort to stop the won currency sliding to lows not seen since ...
Nigeria’s naira weakened for a ninth straight day against the dollar, making it the worst-performing currency in the first half as a steep devaluation, insufficient dollar liquidity and market ...
Emerging-market currency volatility at a one-year low is poised to sap demand for Asian foreign exchange in favor of its higher-yielding European and Latin American peers. Falling volatility means ...
Former US Treasury Secretary Lawrence Summers said that currency interventions are ineffective at shifting exchange rates, even at the large magnitude that Japan has been thought to have deployed ...
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