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foreign currency
Japan
Japan amps up intervention threat as yen hits lowest since 1990
The nation’s currency dipped to 151.97 versus the greenback early on Wednesday (March 27) in Tokyo.
March 28, 2024
Singapore economy
MAS refutes reports of strong fund flows from Hong Kong
No single region or country source dominates, said MAS.
June 07, 2020
Forex
Turkish Lira drops as traders fret over Turkish Central Bank credibility
(July 8): The lira slumped more than 3% after President Recep Tayyip Erdogan’s shock decision to replace the country’s central bank governor fuelled concern the regulator will lower borrowing costs by more than expected.
July 08, 2019
In print this week
Trump's policies will displace the US dollar
SINGAPORE (Sept 10): Back in 1965, Valéry Giscard d’Estaing, then France’s Minister of Finance, famously called the benefits that the US reaped from the dollar’s role as the world’s main reserve currency an “exorbitant privilege”. The benefit
September 11, 2018
China Focus
5 reasons why Moody’s has downgraded China for the first time in 28 years
SINGAPORE (May 24): For the first time since 1989, Moody’s Investors Service has downgraded China’s long-term local currency and foreign currency issuer ratings to “A1” from “Aa3”, on expectations that the republic’s financial strength will
May 24, 2017