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Beware political risk on RMB; India promotes fintech innovation; Malaysia releases fresh guidelines for anti-money laundering; Thai central bank throws weight behind ESG
After much consternation over controversial new hedging laws, Malaysia's central bank has further clarifies (again) its position on what corporates can and cannot do. The rules are now live.
The IMF could announce this week whether it wants to add renminbi to the special drawing rights basket of currencies. Some banks are betting that China has done enough.
The rupiah’s 17-year low against the US dollar is placing great pressure on Indonesian companies, notably property developers, who need to pay off their FX debt, credit agencies are warning. Many are also painfully ...