RMB displaces USD as Asian reference currency; new currency bloc emerges
The findings also add a nuance to the global currency war, which in some quarters is seen as a result...
Johnwick
Three common currency-adjustment pitfalls
Although the rules on accounting for foreign-currency translations have not changed in many years, mistakes in this area persist. Such...
Asian currencies vulnerable to euro crisis spillover effects, says IMF
In its latest Asia and Pacific Regional Economic Outlook report, the IMF warns that this could cause dislocation in local...
Asian currency integration ‘still far off’
A bank worker counts a stack of US dollars together with stacks of 100 Chinese yuan notes in the east...
Could Asian currencies form the basis for the new carry trade?
The U.S. dollar has been the foreign exchange world’s carry trade of choice in recent years, an inevitable outcome of...
Asia’s Inflation Battle Creates Currency Buying Opportunities
Consumer prices for oil and food are rising sharply throughout emerging markets, especially in developing Asia. Central banks have responded...
Choice of collateral currency – Risk.net
Choice of collateral currency - Risk.net Skip to main content End of drawer navigation content Collateral agreements are becoming popular...
What If Asia Had A Common Currency?
At the 10th anniversary of the euro's launch in 2009, there were some suggestions that one-day the euro might even...
China calls for new global currency
BEIJING -- China is calling for a global currency to replace the dominant dollar, showing a growing assertiveness on revamping...
Can A New World Currency Displace The Dollar? : NPR
For years, U.S. Treasury notes have been a safe place for world governments to park their foreign currency holdings. But...