Currencies
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Digital currencies transactions almost triple in Saudi Arabia year-on-year
The number of transactions in digital currencies nearly tripled in Saudi Arabia between July 2021 and June 2022, a recent…
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The Singapore Dollar: a Dark Horse Among Exotic Currencies?
In September 2022, USDSGD almost retested its peak of March 2020. The pair spiked above the 1.4400 level, driven by…
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Mid-Week Technical Outlook: Commodity Currencies & Minors
A sense of caution lingered across financial markets on Thursday as investors weighed the impact of rising oil prices on…
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Asian currencies to fall for at least another quarter as Fed hikes: EIU
In recent months however, the central banks of Thailand and Philippines have relented and have begun hiking up rates. Bloomberg…
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Aggressive rate hikes best option but unlikely to quell EMFX sell-off
Breadcrumb Trail Links PMN Business Author of the article: Reuters Vuyani Ndaba and Arsh Tushar Mogre Article content JOHANNESBURG/BENGALURU —…
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The Coming Currency Crisis Will Be Serious: Brent Johnson
Investment manager Brent Johnson caused a stir in 2018 when he published his dollar milkshake theory. He predicted the world…
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Continuing to Defend Currency Peg to US Dollar May Be ‘Dangerous’ for Hong Kong: Expert
Hong Kong’s latest foreign currency reserve showed another $10.014 billion drop in August, down from July’s $441.8 billion, pushing the…
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Currency volatility to hit earnings of IT firms
NEW DELHI : While rising costs and high attrition have continued to remain key challenges for IT services companies, the…
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Taiwan foreign exchange reserves post biggest drop in 12 years
By Crystal Hsu / Staff reporter The nation’s foreign exchange reserves last month posted their biggest decline in 12 years…
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Businesses brace for currency chaos in Asia, a region with a history of crisis – News
The strong dollar is testing the region’s defenses, forcing central banks to use their war chests to prop up their…
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