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US Treasury again says China is not manipulating currency
AFP, Published on 29/05/2019
» WASHINGTON - The US Treasury again found that neither China nor any other trading partners was manipulating its currency, according to the semi-annual report released Tuesday.
US Treasury again says China is not manipulating currency
AFP, Published on 29/05/2019
» WASHINGTON: The US Treasury expanded the number of countries subject to scrutiny in a semi-annual report released Tuesday, but again found that neither China nor any other trading partners was manipulating its currency.
Bank of Thailand plays down US currency watchlist move
Published on 30/01/2026
» The Bank of Thailand says it remains confident in its ability to manage baht volatility against the US dollar after Thailand was added to a US Treasury watchlist for currency practices.
Lebanon protesters clash with security forces as currency plunges
AFP, Published on 27/06/2021
» BEIRUT: Lebanese protesters tried to storm central bank offices in two major cities on Saturday, state media reported, after the national currency plunged to a new record low on the black market.
Central bank to test retail digital currency next year
Reuters, Published on 19/08/2021
» The Bank of Thailand plans to test its retail digital currency for the public in the second quarter of 2022 as an alternative payment option, an assistant governor said on Thursday.
Cambodia aims hybrid digital currency on blockchain at unbanked
Published on 22/12/2021
» When Cambodia's central bank launched a pilot for a digital payment system in July 2019, its aim was to increase financial inclusion in the country and expand use of the local currency over the US dollar. Then came the coronavirus pandemic.
Myanmar says to pilot accepting Renminbi as settlement currency
Reuters, Published on 22/12/2021
» Myanmar's military government said on Wednesday it would pilot accepting Renminbi as the official settlement currency for cross-border trade next year and planned to restart several development projects with its large neighbour China.
As dollar spikes, can China win the 'currency war'?
News, Published on 19/10/2022
» With the Federal Reserve maintaining high-intensity rate hikes, the currencies of China, Japan, and South Korea, all major Asian economies, have been more or less affected to varying degrees, and are under increasing pressure of depreciation. The exchange rates of the Chinese renminbi (with the offshore exchange rate as a reference), the Japanese yen, and the South Korean won have all depreciated significantly with the appreciation of the US dollar. As the three Asian countries share similar economic structures, most are on the main manufacturing output side. Many believe currency devaluation will be beneficial to exports, which is conducive to long-term economic stability.
China reportedly suspends $6.5bn currency swap agreement with Argentina
South China Morning Post, Published on 21/12/2023
» China has suspended a US$6.5 billion currency swap agreement with Argentina, and the freeze remains in effect until President Javier Milei demonstrates a clear intention to engage with Beijing, Argentine media have reported.
Tepid exports recovery add to Thailand, Vietnam’s currency woes
Published on 29/04/2024
» An unexpectedly weak exports performance in Asia’s emerging economies risks adding pressure to their currencies already hammered by a strong dollar and the Federal Reserve’s hawkish pivot.