You have searched for "Asian Currencies"
Showing 1-10 of 1654
SINGAPORE: Bullish bets on the Chinese yuan hit a near six-month high after a rally against the US dollar, a Reuters poll showed yesterday, while investors were long on most Asian currencies as nations ramped up their Covid-19 vaccination plans.
The Indonesian rupiah was largely unchanged ahead of Tuesday's monetary policy decision as most Asian forex remain subdued on Monday.
Singapore stocks tumbled more than 3% on Friday after the city-state's imposition of the strictest COVID-19 curbs since last year
Most Asian currencies rose against the dollar on Monday, with the Indonesian rupiah and Chinese yuan making significant advances, as weak US jobs data weighed on the greenback on hopes that interest rates would remain low for longer.
Indonesia end-April forex reserves up US$1.7bil at US$138.8bil; rupiah stays strong on hopes of low US rates
Indonesia's foreign exchange reserves increased by $1.7 billion in April, official central bank datahas showed amid capital inflows back into emerging markets.
NEW YORK/LONDON: Commodity prices jumped, the dollar slid to a two-month low and major global equity indexes scaled record peaks on Friday after weak U.S. jobs data for April tamped down fears that a booming economy would spark inflation and higher interest rates.
The ringgit opened easier against the US dollar on Monday on lack of demand for the local currency, but it was mostly higher versus other emerging currencies.
Most equity markets in emerging Asia fell on Friday, with Philippine stocks leading the losses, as weaker-than-expected Chinese factory indicators and concerns about Beijing's clampdown on internet companies weighed on sentiment.
Emerging markets: Singapore's shares gains 0.3%, after city- state's manufacturing output for March increased 7.6% from last year
Asian currencies held firm on Monday, as bets that the U.S. Federal Reserve will retain an accommodative policy stance at its meeting later this week weighed on the dollar, while Indian shares were boosted by robust results from a major lender.