Currency devaluation
Myanmar kyat continues free fall
Myanmar’s currency, the kyat, is continuing its rapid devaluation and has reached a record low against the US dollar and other major currencies in...
Myanmar junta “takes responsibility” for country’s crisis
The military government in Myanmar on September 30 said it was taking “full responsibility” for the country’s massive economic problems but at the same...
Myanmar’s currency falls to all-time low against US dollar
Myanmar’s currency, the kyat, has fallen to a new all-time low against the US dollar this September amid growing concerns about the stability of...
Myanmar kyat drops further after election
Hopes that the Myanmar elections would prompt the country's currency to stabilise haven proven false. Although the kyat gradually strengthened for several weeks ahead...
Ringgit in further heavy sell-off amid 1MDB probe
The sell-off in the Malaysian ringgit, already among the world's worst performing currencies this year, reached new intensities on September 25 as the currency...
Indonesia struggles to take the brakes off slowing economy
Indonesia’s President Joko Widodo believes that now is “the best time to invest” in the country despite its current economic problems. During his first...
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Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...