Economics Expert Offers Suggestion to Rescue Japanese Yen
Keio University Professor Sayuri Shirai provided some insights to the Bank of Japan regarding the effective way to avert a massive Japanese yen fall. The former policy board member of…
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Several Incidences of Philippine Peso Depreciation Seen This 2022
According to DBS Bank Limited of Singapore, the Philippine peso may depreciate further in the coming months this year. Among the views of the analysts from this Singaporean multinational banking…
Analysts Describe How Chinese Renminbi Will Stay Afloat This 2022
Economic analysts from the Goldman Sachs Group Incorporated provided their insights regarding the Chinese renminbi as this new year commenced. They remarked that this 2022, the official currency of the…
Omicron Threat Noticeably Impacts Asian Currencies
As 2021 entered its final week, today, Monday, December 27, Asian currencies exhibited mixed trading movements during the early morning trading session in Asia. Foreign exchange analysts point to the…
Turkish Lira Nosedive Continues amid Inflation Woes
As many people in Turkey struggle to survive amid the present economic climate of inflation, the Turkish lira has also indicated a bleak picture. This official currency of Turkey has…
Bangladesh Bank Releases Report on Money Market Management
The Bangladesh Bank has released its report about its latest efforts to manage the South Asian country’s money market. The central bank of Bangladesh has sold US$30 million directly to…
US Treasury Monitoring Government Policies Affecting Swiss Franc
The United States Department of the Treasury cited that it is closely monitoring the Swiss Government’s economic policies and actions to influence the Swiss franc’s value. This new development comes…
South African Rand Recovers, But Volatility Seen amid Omicron Fears
The South African rand jumped 0.93 percent to 16.14 South African Rand to US$1 during the early trading sessions in Asia today, Monday, November 29. The currency recovered from last…
Governor: Jamaican Dollar to US Dollar Rate “Fairly Valued”
The Bank of Jamaica’s governor, Richard Byles, spoke about the current scenario shaping the Jamaican dollar and US dollar exchange rate in the island country situated in the Caribbean Sea….
Philippine Peso’s Rise Seen on Back of Strong Remittance Inflows
The Philippine peso is seen to prolong its rise against the US dollar this week. This forecast is based on expectations of robust remittance inflows. We find this foreign exchange-related…
Israeli Shekel Gains to a Record Strength
The Israeli shekel has become stronger this year and is still reportedly gaining more. This development comes as the country’s central bank, the Bank of Israel, completed its acquisition of…
China Is Determined in Renminbi Internationalization Campaign
China is proactively promoting the international utilization of the renminbi. Local experts and government officials have confirmed this development, citing that it is a campaign in line with the Asian…
Global Inflation Hurt Thai Baht, South Korean Won
The Thai baht and the South Korean won are among the Asian currencies adversely affected by global inflation’s indicators. This event is ongoing as the US dollar gains strength. We…
Malaysian Ringgit May Appreciate Amid COVID-19 Restrictions Easing
Foreign exchange experts believe the Malaysian ringgit’s value may appreciate further soon versus the US dollar. They believe this event can happen as COVID-19 restrictions and other related prohibitions loosened…
Japanese Yen Slips as US Dollar Hits More than 2-Year High
The Japanese yen plummeted to as low as 112.32 yen per US dollar today, Monday, October 11. This event is reportedly the official currency of Japan’s reaction as the US…