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Asia Currencies Hit Seven-Month High on ‘Goldilocks’ US Scenario
(Bloomberg) -- Asian currencies rallied to the highest in seven months as ebbing US recession concern, bets on Federal Reserve rate cuts next month and an improving domestic backdrop lifted ...
Asian currencies weaken as Trump tariffs strengthen the greenback — Indian rupee hits record low
The Chinese offshore yuan dropped 0.36% to 7.347. The Indian rupee fell to a record low of 87.101 against the dollar. Asian ...
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Taiwan Dollar Set to Replace Yuan as Asia’s Top Funding Currency
(Bloomberg) -- The Taiwan dollar is on the verge of overtaking the yuan as Asia’s best carry-trade target given its lower risk of interest-rate and currency volatility. A strategy of borrowing ...