As the yen sinks, Asia’s monetary anchor subtly shifts to yuan
In mid-June, Indonesian Finance Minister Purbaya Yudhi Sadewa spent two days in Beijing and flew home with more than pleasantries....
archiveAsian Development Bank
India’s Rupee Tumbles as Oil Prices Spike; Vulnerabilities Highlighted
Geopolitical Fears Spark Market Sell-off The Indian rupee fell sharply, losing 56 paise to close provisionally at 93.39 against the...
ADB Expands Local Currency Bond Program with New Issues in Uzbekistan and Mongolia
The Asian Development Bank (ADB) is strengthening its local currency bond issuance program as part of its broader strategy...
India makes a push for cheaper foreign loans in yen, rupee
New Delhi has steadily expanded loans and official development assistance (ODA) in yen to gain from ultra-low interest rates and...
