Posts Tagged ‘currency’

Indonesia resurgence gathers pace as global investors pile in

SINGAPORE • The return of yield-hungry investors is signalling the worst may be over for Indonesia.
Global funds are piling back into Asia’s bellwether ...

The US$1,000 bill that could be worth US$3m

by JAMES TARMY
IN 1891, the US Treasury printed some US$1,000 bills, around 1,500 of them. Rather than enter mass circulation, though, the silver ...

Can the ringgit rise brave the global storm?

The local unit has risen by 0.42% against the greenback since the start of this year amid concerns that the US economy has peaked and could go on a ...

Re-pricing — a business necessity in Argentina’s economic crisis

This year alone, it suffered 2 currency crises that saw the peso lose around 50% of its value against the dollar
By AFP Buenos Aires • Argentina’s ...

Worst EM currency nears bottom, says India’s TCS

MUMBAI • The past month’s worst performing emerging-market (EM) currency is nearing a bottom, according to the head of global treasury at Asia’s largest ...

EM currencies at the frontline of contagion fears

Asean currencies to face some selling pressure, but risk of contagion spreading will likely be contained
By NG MIN SHEN / Pic By TMR The Indonesian ...

Lim: EPF did not lose RM6b

by DASHVEENJIT KAUR / pic by TMR file
The Ministry of Finance has rebutted claims that the Employees Provident Fund (EPF) has reported a loss of RM6 ...

US dollar theme leaves little space for ringgit’s upside, say analysts

The weakness raises the question of whether EM central banks will intervene in the market to protect their respective currencies
By ...

BI governor flags more rate hikes if needed

By BLOOMBERG
JAKARTA • Indonesia’s central bank governor Perry Warjiyo (picture) said his quick action in raising interest rates has helped ...

Jakarta to step up intervention as currency slides

JAKARTA • Indonesia’s central bank pledged to continue its intervention in the currency and bonds market to ease volatility, and said it will boost ...

HKMA intervenes to defend peg again as HK dollar weakens

By BLOOMBERG
BEIJING • Hong Kong stepped in to defend its currency peg for the first time in almost a month. The Hong Kong Monetary Authority ...

How money managers see global markets

Trade war, China devaluation, tech selloff top the worry list
by BLOOMBERG SINGAPORE • Beware higher bond yields, watch for a stronger dollar, and ...