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Search Result for “currencies”

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OPINION

We will all be losers in a currency war

News, Umesh Pandey, Published on 14/08/2015

» The move by the People's Bank of China (PBoC) to slash the value of the yuan by the most in nearly two decades is a significant step for the slowing Chinese economy that has been looking for a way to revive itself.

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OPINION

Thailand needs more than a rate cut

Asia focus, Umesh Pandey, Published on 09/03/2015

» The calls have been growing louder for easing of monetary policy in Thailand, following in the footsteps of other Asian countries including India, Indonesia, China and Singapore. But conditions in our country these days are different, and any such move needs to be handled very carefully as it could be a double-edged sword.