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As yuan skids, markets bet more depreciation is in store | Hellenic Shipping News Worldwide

As yuan skids, markets bet more depreciation is in store | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

China , Taiwan , Australia , Thailand , Japan , South-korea , Beijing , Japanese , Teck-quan-koh , Rong-ren-goh , Ray-attrill , Rodrigo-catril

Analysis-As yuan skids, markets bet more depreciation is in store By Reuters

Analysis-As yuan skids, markets bet more depreciation is in store By Reuters
investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.

Taiwan , Singapore , Thailand , South-korea , Australia , Japan , China , Beijing , Japanese , Vidya-ranganathan , Rong-ren-goh , Teck-quan-koh

Analysis-As yuan skids, markets bet more depreciation is in store

China's yuan is sliding and market participants suspect authorities are deliberately but slowly engineering a light depreciation of the currency, both to complement an easy monetary policy and to support exports. While the yuan has declined roughly 2% this year against the dollar, it has become relatively less competitive as Japan's yen and currencies of other neighbours South Korea, Thailand and Taiwan drop more sharply. The People's Bank of China (PBOC) also appears to have loosened its grip on the yuan, allowing it to fall to the weak side of the 7.2-per-dollar level that state-owned banks had staunchly defended in the past, though it has continued to lend some support through stronger-than-expected settings of the daily mid-point for the currency.

China , Beijing , Japan , South-korea , Australia , Thailand , Singapore , Shanghai , Taiwan , Japanese , Rodrigo-catril , Rohit-arora

As yuan skids, markets bet more depreciation is in store

Many suspect authorities are deliberately but slowly engineering a light slide

China , Australia , South-korea , Taiwan , Japan , Beijing , Thailand , Japanese , Teck-quan-koh , Rohit-arora , Rodrigo-catril , Ray-attrill

Analysis-As Yuan Skids, Markets Bet More Depreciation Is in Store

Analysis-As Yuan Skids, Markets Bet More Depreciation Is in Store
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

Shanghai , China , Singapore , Australia , Japan , Taiwan , South-korea , Beijing , Thailand , Japanese , Rong-ren-goh , Rodrigo-catril

The Anwar – Mahathir feud is a factor in the ringgit's 26 year low – Malaysia Today

The leaders of the ancien régime, will likely be retaliating against Anwar’s action, by selling off their assets in Malaysia in order to trigger a loss of confidence in the ringgit.

Nehru Sathiamoorthy

This week, by touching RM 4.80 to the dollar, the Malaysian ringgit has reached a 26-year lo

Singapore , Malaysia , China , Chinese , Malaysian , Khairy-jamaluddin , Mahathir-muhammad , Najib-razak , Ahmad-samsuri-mokhtar , Anwar-ibrahim , Rong-ren-goh , Nehru-sathiamoorthy

Investors march out of Malaysia, bring ringgit to 1998 lows

Malaysia's ringgit
is trading at lows not seen since the Asian Financial Crisis as
outflows, foreign currency hoarding and a strong dollar pile on
pressure.
The currency is the first in...
-February 21, 2024 at 02:31 am EST
- MarketScreener

Malaysia , Singapore , Malaysian , Rong-ren-goh , Reuters , Asian-financial-crisis , Eastspring-investments , Markets ,

Bangkok Post - Malaysian currency at lowest level since 1998 crisis

Bangkok Post - Malaysian currency at lowest level since 1998 crisis
bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.

Singapore , China , Malaysia , Thailand , Malaysian , Thai , Abdul-rasheed , Rong-ren-goh , Abdul-rasheed-ghaffour , Bank-negara-malaysia , International-monetary-fund , Reuters

Dollar struggles to retain gains, option expiries bump yen up

The U.S. dollar struggled
to keep gains on Monday as looming central bank decisions in
Japan and Europe and vacillating market expectations for Fed
rate cuts forced a pause in its data-spurred rally...
-January 22, 2024 at 12:48 am EST
- MarketScreener

Turkey , Singapore , Red-sea , Djibouti-general- , Djibouti , Japan , Canada , Edwina-gibbs , Rong-ren-goh , Muralikumar-anantharaman , Vidya-ranganathan , Reuters

Dollar takes breather, option expiries give yen a jolt

The U.S. dollar
steadied on Monday as looming central bank decisions in Japan
and Europe and vacillating market expectations for Fed rate cuts
forced a pause in the greenback's data-spurred rally this...
-January 22, 2024 at 03:48 am EST
- MarketScreener

Red-sea , Djibouti-general- , Djibouti , Singapore , Canada , Japan , Turkey , Vidya-ranganathan , Rong-ren-goh , Edwina-gibbs , Muralikumar-anantharaman , Ed-osmond