US dollar

Indian central bank likely selling dollars to avert rupee slide to record low, traders say

[MUMBAI] The Indian central likely stepped into the foreign exchange market on Monday, four traders told Reuters, to limit the rupee’s decline as a surge in oil prices pummelled currencies across Asia...

Eileen Chia, regional head of corporate advisory for global financial markets at DBS, says that when it comes to FX rates, SMEs should "just lock it in and remove the uncertainty" from their businesses.

As Middle East conflict rages, DBS urges SMEs to hedge at least half their FX exposure – not time the market

This comes as the bank expands its SecureFX facility to all corporate clients in Singapore

Military strikes in the Middle East are spilling into the Gulf while their impact reverberates into South-east Asia.

Middle East war jolts oil, dollar gains, Asia tech winners emerge

Geopolitics vs. economics - Middle East conflict drives oil prices and stagflation fears; the safe-haven dollar rises, challenging gold.

BT
THRIVE NEWSLETTER

What US dollar movements mean for Singapore investors

[SINGAPORE] The US dollar has been on a bumpy ride in recent months. 

The Singapore dollar has fallen 1.1% against the greenback in the last five days, weakening alongside other major currencies in the region.

Asian currencies dragged lower by oil spike, with Fed path and Middle East trajectory key risks ahead

But analysts say energy prices are unlikely to shape the region’s currency trajectory over a sustained period

With a weaker greenback, companies with significant overseas operations report higher profits because foreign currency-denominated earnings translate into more dollars.
CHART VIEW

The US dollar and its impact on markets

A stronger greenback benefits US importers, while a weaker currency has the opposite effect

The renminbi's recent winning streak against the greenback – the longest in over a decade – is a sign that Beijing is warming up to the idea of a stronger renminbi, says the writer.
THE BOTTOM LINE

A crisis lurks as Asians bring money back home

Repatriation, or the ‘Sell America’ narrative, will be a key theme

Futures on US stocks, Treasuries, oil and gold are set to begin trading at 6 pm New York time, offering the first broad gauge of investor sentiment.

US dollar surges as traders brace for war impact

The impact on oil and inflation is a paramount concern in markets that last month saw US stocks post their worst drop in 10 months