FX risk mitigation: Nium launches Global FX
Nium announced recently the launch of Global FX, a product built for FX risk mitigation and transparency in global money ...
Tag: foreign exchange
Strong US dollar to have credit impact across Asia Pacific
A strong US dollar will have credit effects on rated Asia Pacific companies, with those that have a significant portion ...
Hong Kong dollar strengthens to past 7.8 level
Hong Kong dollar jumped as much as 0.13% to 7.7982 per US dollar on Thursday, crossing the 7.8 threshold. The ...
Thailand’s interest rate at record low
The Bank of Thailand has recently cut its benchmark interest rate again. Down by a quarter-percentage point, the key rate ...
Is the greenback going to weaken?
The US dollar index could fall to as low as 85 as the Fed expands its balance sheet by buying ...
Chinese yuan hits 11-year low amid trade war escalation
The Chinese yuan hits its 11-year low against the greenback on Monday as the US-China trade war escalated late last ...
Are you worried about the USD-HKD peg? This bank thinks it'll stay
The prolonged protests and the unresponsive government in Hong Kong have made investors and businesses worry about the peg between ...
Chinese yuan fixing below 7: the weakest since 2008
The People’s Bank of China set its daily reference rate at 7.0039 per dollar, the weakest since Apr 21, 2008. ...
Devaluation spillover in Asia possible despite effort to mitigate CNY drop
China’s central bank—the People’s Bank of China—set the Chinese yuan’s official reference point at a stronger point than the fixing ...
ING: Don’t expect CNY to rise despite the higher foreign reserves
China’s foreign exchange reserves increased more than expected in June, according to data from the People’s Bank of China on ...
