Banks disagree on the foreign exchange implications of the PBOC’s announcement of a wider renminbi trading band, but advise SMEs to switch to invoicing in renminbi.
Singapore’s banks will cease publishing an offshore rupiah reference rate, treasurers with outstanding contracts will have to switch to the onshore rate.
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.
After 13 years in the wilderness, the Malaysian Association of Corporate Treasurers (MACT) officially re-launched. A key aim will be to lobby on behalf of its members and help educate the treasurers, especially those ...
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.