EMERGING MARKETS-Singapore stocks lead gains among emerging Asian equities; currencies mixed
* Singapore stocks jump 1% * Singapore GDP beats expectations * Indonesian stocks hit a three-week high By Adwitiya Srivastava...
archivelocal currency
Indian rupee weakens to hit record low hurt by weak Asia FX
The Indian rupee weakened to all-time low on Tuesday, pressured by a decline in its Asian peers, with likely intervention...
US Dollar’s Biggest Jump Sends Local Currencies Sliding
The US dollar is showing no mercy to local currencies and making them slide to new yearly lows. Leading Asian...
Why Do Asian Countries Buy Oil With the U.S. Dollar?
Despite looking to cut ties with the U.S. dollar, BRICS and other Asian countries don’t pay local currencies for oil...
US Dollar Wrecking Havoc on Local Currencies
The joke’s on the BRICS de-dollarization agenda as the US dollar is wreaking havoc on their respective local currencies. Forget...
Which Currency Is Realistically Stronger?
The Chinese yuan has been looking to overtake the US dollar as the world’s reserve currency for over a decade....
U.S. Dollar Nurses Losses After Asian Local Currencies Stabilize
The U.S. dollar nurses losses after leading local currencies in Asia stabilized during Monday’s opening bell. The DXY index, which...
11 Currencies Dip Against the US Dollar
The US dollar is hammering its way to the top outperforming every leading currency in the world, including that of...
U.S. Dollar Batters 22 Asian Currencies in a Row
The DXY index, which measures the performance of the U.S. dollar shows the currency hovering around the 106 price range....
Another Country to Ditch US Dollar & Pay Local Currency
The BRICS alliance is forming new trade agreements where the usage of local currencies will be prioritized over the US dollar. Developing countries...
