Showing 1 - 4 of 4
Yuan’s slump puts Asia’s rate-cutting central banks on alert
Published on 05/08/2019
» China’s decision to weaken its currency amid an escalating trade war will put Asian central banks on the defensive as they gauge how much monetary-policy easing their economies can withstand.
The devalued yuan and China's faltering economic transition
Asia focus, Published on 24/08/2015
» On Aug 11, the People's Bank of China (PBOC) undertook the largest single-day devaluation in 20 years by pushing down the value of the yuan by 1.9% against the US dollar. That was followed by two more days of reference-rate adjustments that knocked almost 4% off the value of the currency. At that point, Beijing assured nervous global markets that it was satisfied with the new rate around 6.4 to the dollar and would aim for "stability" going forward.
Prasarn: Let market forces drive baht
Business, Pathom Sangwongwanich, Published on 17/08/2015
» The Bank of Thailand would let market mechanisms determine the baht's value rather than weaken it despite pressure from the recent yuan devaluation.
Asian central banks are forever blowing bubbles
Published on 13/06/2015
» Recent years have seen reams of research on the role of central banks in inflating asset-price bubbles. The latest developments in Asia suggest that more may be coming.