Currencies
Indonesia’s vow to balance currency, growth may cushion rupiah
BI’s 125 basis points of rate cuts in 2025 have also reduced the attractiveness of the country’s assets
We need to shatter one big myth about the weak yen
Intervention rarely turns any currency around on a sustainable basis
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 last Friday when the central bank appeared to ease up on the firm defence it had ...
Asia’s currency-defence war chest has swelled to US$8 trillion
The major central banks in the region have added more than US$400 billion to their reserves this year
GBP/USD at an inflection point after a strong first half of 2025
[SINGAPORE] The British pound (GBP) has enjoyed a robust first half of 2025 against the US dollar (USD), driven largely by sustained dollar weakness. The GBP/USD pair bottomed out at 1.21 on Jan 13 be...
Ringgit’s winning streak masks Asia’s currency weakness
Philippine peso and dong breach record lows; rupiah, won and yen continue slide
Ringgit hits year’s high against Singdollar; further gains likely but greenback direction is key
Unit fuelled by strong investment inflows into Malaysia and encouraging follow-through on fiscal policies
Australian dollar climbs on US shutdown hopes, hits 12-year high on kiwi
[SYDNEY] The Australian dollar climbed on Monday (Nov 10) amid hopes that the US government shutdown may end, while still hawkish commentary from a top central banker helped it extend a bullish run ag...
Ringgit nears one-year high on rate outlook, growth optimism
The country’s trade-dependant economy has been buoyed by signs that global demand is picking up
Bessent shows US will baulk at any dollar rebound
Engineering a tacit devaluation in a world of free-floating exchange rates is not easy, but undermining Fed independence and pressuring it to make interest rate cuts is one way to try
