Singapore Dollar at Record High Versus Ringgit on China Worries
The Singaporean dollar surged to the strongest level on record against the Malaysian ringgit, with the latter suffering
2023-05-25 14:20
Turkey Asked Banks to Buy Eurobonds to Support Default Swaps
Turkey’s central bank asked some local lenders this week to step in and buy the country’s dollar bonds,
2023-05-25 14:19
Forint Pares Loss After Central Bank Cuts Key Interest Rate
Hungary’s forint pared losses after the nation’s central bank cut interest rates, calming a slump caused by a
2023-05-23 22:15
RBI’s Dollar Purchases Casting a Pall Over the Indian Rupee
Dollar purchases by the Indian central bank to limit the impact of foreign inflows are helping lead to
2023-05-23 12:15
Goldman Sees Little Respite for Yuan Despite PBOC Pushback
Goldman Sachs Group Inc. expects more gloom for the Chinese currency despite efforts from policymakers to shore up
2023-05-22 13:47
Yuan’s Biggest Weekly Loss in Three Months Tests PBOC Tolerance
China’s yuan is depreciating at the fastest pace in three months and the central bank, for now, isn’t
2023-05-19 14:19
Turkey’s Lira Defense Moves Into Full Swing Before Runoff Ballot
Turkey’s central bank is moving in full force to defend the lira ahead of the runoff presidential election
2023-05-17 21:30
Erdogan Vote Momentum Pushes Traders to Delay Bets on Lira Slide
Investors have come to terms with the prospect that President Recep Tayyip Erdogan’s unconventional stewardship of the economy
2023-05-17 18:58
Stubborn Cash Squeeze Risks Derailing India’s Economic Recovery
A cash crunch is persisting in India, pushing short-term borrowing costs above a key policy interest rate and
2023-05-17 12:15
Yuan Weakens Past Psychological Level Amid Disappointing Data
Disappointing Chinese economic data this week is feeding through to the currency market, sending the yuan sinking beyond
2023-05-17 09:59
Turkish Central Bank’s First Post-Vote Moves Focus on Gold, Cash
Turkey’s central bank unveiled its first measures after Sunday’s presidential elections, adding to a tangle of rules it’s
2023-05-16 18:50
China’s Central Bank Outlook Spurs Call for Monetary Action
The People’s Bank of China hinted Monday it will keep monetary policy supportive, prompting expectations it may cut
2023-05-16 09:48