Tags Posts tagged with "Devaluation"

Devaluation

Philippine peso region’s worst performing currency, more downside seen

3156
The Philippine peso on August 14 sailed through the 51:1 barrier against the US dollar, a value not seen since August 2006, bringing about...
Asia’s currencies get hammered after double yuan whammy

2499
Asian currencies suffered big time after after China's surprise decision to devalue the yuan on August 11, and got a double whammy after Beijing...
Vietnam forced to readjust dong-dollar rate again

1617
The Vietnamese central bank on August 7 increased the dollar’s buying price to 21,100 dong from 20,826 dong it had maintained since late June...