The value of the Korean won rose above the 1,300 mark against the U.S. dollar for the first time in 2025, hitting its ...

USD remains offered across the board as investor flows shift sharply into Asia, following a record 6% two-day surge in the ...

By Himanshi Akhand (Reuters) -Investors ramped up their bullish bets on most Asian currencies, a Reuters poll showed on ...

The Asian currency positioning poll is focused on what analysts and fund managers believe are the current market positions in ...

Global central banks could be looking beyond the US dollar after US President Donald Trump slapped countries with tariffs, causing geopolitical risks and ...

While the dollar remains dominant, well-managed smaller Asian currencies are quietly reshaping the international monetary ...

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While the United States turns inward with protectionist policies, China has been steadily working to elevate the international profile of the renminbi (RMB). Though progress has been gradual ...

THE PESO weakened anew on Tuesday, joining the Chinese yuan and other Asian currencies that weakened against the dollar. The local unit closed at P56.68 per dollar on Tuesday, dropping by seven ...

Enterprises are growing more keen on using the yuan in the settlement of international payments – a trend emerging as the safety and credibility of US assets are questioned, according to survey ...

The People's Bank of China authorized the China Foreign Exchange Trade System to announce that on April 18, 2025, the central parity rate of the RMB in the interbank foreign ... 195.32 South Korean ...