peso

Ringgit’s winning streak masks Asia’s currency weakness

Philippine peso and dong breach record lows; rupiah, won and yen continue slide

 Remittances are expected to rise 3% this year, according to the central bank, after reaching the highest level of US$34 billion in 2024.

Philippine peso poised for rebound as holiday remittances set to arrive

The currency has come under pressure following Bangko Sentral ng Pilipinas’ unexpected cut in the benchmark interest rate in early October

Foreign funds have net sold US$79 million of Philippine equities in October, poised for the biggest monthly outflow since May.

Philippine peso falls to record low on rate view, outflow

The currency is the worst performer in South-east Asia this month

Should investor sentiment prove rosier than expected, Maybank analysts see Indonesia as the biggest winner of investor flows.

Ringgit, rupiah, baht and peso tipped to strengthen despite rate-cut signals

Economists see more upside for South-east Asian currencies this year, with a sliding US dollar outweighing the impact of looming rate cuts

After hitting a roughly three-week low early in the session, the euro has regained some ground to US$1.16905.

US dollar steadies amid muted reaction to Trump’s 30% tariff threat to EU and Mexico

The euro and Mexican peso dip, but Bitcoin surpasses US$120,000 level for the first time

A trend of 'de-dollarisation' has taken hold in global markets as the greenback loses its charm among Asean investors and corporates.

Greenback fades as Singapore dollar, ringgit, baht shine in Asean foreign exchange shift

Regional currencies are strengthening as US dollar outflows accelerate, with selling pressure mounting amid ongoing tariff tensions

The larger-than-expected tariff cuts strengthened the US dollar and renminbi. The greenback also made gains against the baht, ringgit, rupiah, Singdollar and Philippine peso.

Greenback’s relief rally from US-China tariff truce is but a brief blip: analysts

Will forex traders prioritise trade-deal breakthroughs, the slew of US data to be released, signs of fading American exceptionalism or the nation’s uncertain fiscal future?

While the greenback and renminbi have long played outsized roles in determining Asian foreign exchange movements, MUFG Bank’s senior currency analyst Michael Wan notes that even more domestic-oriented economies are now reacting more visibly to the shifts in the Chinese currency.

Renminbi starts to lead the dance in Asean’s currency moves

Pundits warn that South-east Asian currencies could come under pressure, underscoring the region’s growing sensitivity to China’s monetary moves

The yen’s fall from grace last year sent swarms of Singaporeans flooding the archipelago. This year, other Asian countries are likely to offer better bang for your buck.

Where in Asia to stretch your Singapore dollar furthest

[SINGAPORE] The Business Times examines the regional currencies that have undergone significant movements, analysing their historical trajectories to gauge their direction for the rest of the year. 

China’s yuan rose around 0.3 per cent to 7.265 per US dollar.

US dollar falls to three-month low as tariffs and growth fears rattle markets

THE greenback fell to a three-month low on Tuesday (Mar 4) as concerns about slowing growth and the impact from tariffs on the US economy outweighed any potential boost from the ramping up of levies o...