In well-connected circles within China, the yuan’s persistent weakness is increasingly being seen as an obstacle to the ...
Taiwan’s life insurers have cut their currency hedging to a record low, while boosting their buffer against foreign-exchange ...
A surge in the Democratic Republic of Congo’s foreign-currency holdings and a shift in central-bank policy have fueled an ...
Goldman Sachs Group Inc. says the yuan is 25% undervalued and will appreciate more than forwards contracts are pricing for ...
Issuance of offshore yuan bonds rose to another record, a fresh sign of Beijing’s progress on internationalizing its currency ...
Asia’s foreign-exchange reserves have surged to almost $8 trillion, providing the authorities from Tokyo to Mumbai with ample ammunition if they need to step up defending their currencies.
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 ...
Citigroup Inc. strategists recommend emerging-market investors seek trades cushioning against a potential rebound in the ...
The gauge for emerging-market currencies jumped to a high for the day after disappointing private payrolls data from the US cemented bets that policymakers will lower interest rates next week.
For a number of Asia’s emerging-market currencies, the widely expected Federal Reserve interest-rate cut in December may come ...
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 ...