Given EM’s increased dependency on FX debt, the world is in dire of need of the restructuring tools to deal with the potential fallout from rate tightening, Bank of Thailand chief warns.
Cryptocurrencies' problem is they’re often backed by little more than hope and hype. Bridgecoin, however, says it’s about to change all that. CT looks at its mechanisms and challenges.
As China's currency hits its highest levels since 2015, analysts say it’s not about to end there. That's already leading to steep foreign exchange losses for some Chinese exporters.
India's 200-basis-points commercial rates hike last month forced cash-strapped companies to start borrowing at shorter tenors. Those lucky enough to be cash-rich are being offered juicy deposit rates as banks plug ...
The Hong Kong Monetary Authority (HKMA) and the Treasury Markets Association (TMA) both announced plans that could further open up the marketplace for offshore renminbi in Hong Kong.