Tag: currency

Sri Mulyani Indrawati has been a mainstay in the role for the majority of the last two decades; Indonesia has also recently issued a A$800m Kangaroo bond.

US president Donald Trump has threatened to increase 25% tariffs on Indian goods, which could hit the pharmaceutical sector hard; the RBI is expected to keep rates steady. There has been some good news for Asian countries in the last few weeks, but much is still in flux.

Treasury leaders from Klook and Hysan Development shared their FX position and risk management strategies.

A quick end to the political crisis in South Korea seems unlikely.

After prime minister Shigeru Ishiba failed to win a majority in the House of Representatives after a snap election, the yen fell to a three month low, with the Bank of Japan's monetary policy board set to meet later this week.

China is renowned for keeping its currency on a tight leash, however, a host of internal and external factors have the potential to weaken Beijing’s grip on the renminbi over the coming months.

Singapore and Hong Kong have emerged as the leading destinations for forex traders, ahead of other international financial centres, including London and New York.

New research shows corporates adapting their hedging strategies, including using shorter-dated FX forwards to maintain flexibility.

US dollar volatility will have the biggest impact on APAC treasurers’ ability to predict cash flows and earnings in 2023, the Kyriba team believes.

The latest Kyriba report shows how the rising US dollar and war in Ukraine impacted corporate earnings in the first three months of the year through foreign exchange (FX) volatility.

Corporate treasurers are in the driver’s seat during a period of market uncertainty that requires tough decisions such as how to use cash reserves more efficiently and manage local currency risk.

While recent downward pressure on the Hong Kong currency might show the increasing influence of China, the Hong Kong dollar peg is simply too useful to change.