The IMF has endorsed the renminbi as a freely usable currency, recognising China’s increased importance in the global financial market. The renminbi’s journey to attaining this status was never straightforward.
Asian nations built stockpiles of foreign reserves during 2013. Will increased FX reserve holdings help against expected volatility and which countries are prepared? CT asks the experts.
Whoops! The US Fed backtracked on plans to slow down asset purchases. The rupiah and the rupee were dented badly on the assumption it would; they are now recovering. How will Asia’s currencies behave now? CT asks the ...
The US Federal Reserve is expected to begin tapering its asset purchases imminently. FX strategists are arguing it will benefit the US dollar to the detriment of Asia's major currencies. CT asks the experts if this ...
Asian currencies recently fell on news the US Federal Reserve could slow the pace of its monetary stimulus later this year. Could these concerns pose prolonged risk to the Asian currencies? CT asks the experts.