The Thai baht is heading for its biggest annual gain against the US dollar in eight years. At first glance, there seems to be ...
Asia is back on top. The region’s stock markets have beaten the US and Europe this year, credit markets are strong, currencies are strengthening, and investors expect the momentum to carry into 2026.
Asian currencies are poised for their best week in nearly two months as regional policymakers increased their intervention efforts and rhetoric. The Bloomberg Asia Dollar index has gained by 0.4% this ...
Russia’s ruble has outpaced every major currency against the dollar this year, a rally that caught policymakers off guard and ...
South Korean authorities are making an increasingly frantic effort to stop the won currency sliding to lows not seen since ...
Emerging-market currency volatility at a one-year low is poised to sap demand for Asian foreign exchange in favor of its higher-yielding European and Latin American peers. Falling volatility means ...
Nigeria’s naira weakened for a ninth straight day against the dollar, making it the worst-performing currency in the first half as a steep devaluation, insufficient dollar liquidity and market ...
Former US Treasury Secretary Lawrence Summers said that currency interventions are ineffective at shifting exchange rates, even at the large magnitude that Japan has been thought to have deployed ...
China’s new-found tolerance for steady yuan appreciation looks set to re-accelerate a rally in emerging-market currencies, as investors brace themselves for lower US interest rates. Supporting such ...
Taiwan is set to overhaul accounting rules to help life insurers ease the impact of foreign-exchange valuations on their ...