currency rate
Myanmar kyat is this year’s best performing currency in Asia (to the US dollar)
Myanmar's currency, the kyat, became Asia’s best performing currency in US dollar terms so far this year....
Indonesia stops energy projects worth $25 billion as rupiah hits 20-year low
Indonesia plans to delay $25 billion worth of power projects as it seeks to rein in a widening current-account deficit and a selloff in...
Indonesian businesses asked to start hedging “beyond usual” as rupiah tumbles
Indonesia’s central bank on April 25 urged businesses in the country to hedge their foreign exchange needs beyond minimum requirements, as policymakers seek to...
Malaysian ringgit at lowest level in decades
The ringgit weakened the most last week in Asia against the US dollar, reaching a level it last saw in two decades, ending trade...
Thailand worried about strong baht
The Thai government, domestic economists and export associations have expressed deep concern about the continued appreciation of the country's currency, which is now predicted...
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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...