Currency
China’s central bank says to promote digital yuan, multi-polar currency system
Pan Gongsheng expects several key global currencies to coexist in mutual competition and checks and balances.Published Wed, Jun 18, 2025 · 12:07 PM[SHANGHAI] China’s central bank governor announced plans...
Investors seeking emerging currency bargains zero in on Asia
[SINGAPORE] After years of coming second to popular Latin American carry trades, Asian currencies are finding their cheapness has become an asset as traders seek to capitalise on the...
Hong Kong sells record amount of currency to defend exchange peg
The recent rally in currencies of trade-dependent Asian economies is fuelling concerns among central bank policymakersPublished Tue, May 6, 2025 · 07:06 AM[MELBOURNE] Hong Kong authorities said they continued...
Hong Kong ramps up FX intervention to defend currency peg
[MELBOURNE] Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg.The Hong Kong Monetary Authority (HKMA) sold a record HK$60.5 billion...
Singapore dollar surges to 1.29 to US dollar amid Asia currency rally
[SINGAPORE] Asian currencies rallied on Monday (May 5) on hopes of a thaw in the US-China trade war and regional tariff deals with the Trump administration. Taiwan led the charge,...
Three Abu Dhabi giants plan stablecoin backed by UAE’s currency
Growing popular worldwide, stablecoins are typically pegged to traditional currencies, which makes them less vulnerable to price volatility like other digital tokens, such as BitcoinPublished Tue, Apr 29, 2025...
Asian currency index falls to two-decade low on Fed, tariff bets
ASIAN currencies fell to a two-decade low, as the US dollar remains buoyed by robust US growth and president-elect Donald Trump’s tariff-hike vows. The Bloomberg Asia Dollar Index slipped...
Digital Currency Timeline Prediction
Alright, so digital currency is kinda taking over the conversation these days. It’s like everyone wants to know when this stuff will actually replace the cash in our wallets....
