Currency systems
Weak rupiah, capital outflows could complicate Indonesia’s redenomination plan: analysts
The country’s plan to simplify the rupiah’s nominal value has resurfaced repeatedly over the past decade
Thailand did not manipulate currency, finance minister says
He says there are tools to manage the currency without resorting to intervention
Brics currencies are no realistic alternative to the US dollar
Discussions about de-dollarisation fall short when it comes to finding a credible replacement
Gold-rich Laos hits mother lode with S-E Asia’s first bullion bank amid inflation, currency blues
Lao Bullion Bank offers traditional deposit, withdrawal and transfer services, alongside unique offerings such as gold vending machines, certificates that can be used as collateral
Momentum gauge signals risk to South-east Asia currency rally
The Relative Strength Index for a regional gauge has breached 80, well above levels in which a currency is typically considered overbought
Japan’s biggest firms set for US$9.3 billion profit from weak yen
Ten of Japan’s biggest companies are likely to pocket an extra US$9.3 billion in profits this fiscal year if the yen continues to hover around the 150 mark to the dollar, a Bloomberg calculation shows...
Thailand relaxes rules on non-resident baht transactions
Thailand’s central bank said on Tuesday (Sep 26) it was relaxing some foreign exchange rules for non-residents to improve the ease of doing business in the country.
PBOC sells more yuan bills in Hong Kong, tempers downward yuan pressure
China’s central bank sold some yuan bills in Hong Kong at a record-high coupon rate on Tuesday (Sep 19), driven up by liquidity tightness in Asia’s key financial hub at a time the Chinese authorities ...
India looking at ways to broaden rupee's global reach
The increasing use of the Indian rupee in invoicing and settlement of international trade, as well as in capital account transactions, will give the local currency international acceptance, a working ...
Flexible exchange rates and emerging markets
Has floating their currencies insulated countries from external shocks? Not entirely.
