Dec 8 (Reuters) – The following table shows rates for Asian currencies against the dollar at 0203 GMT. CURRENCIES VS U.S. DOLLAR Currency Latest bid Previous day Pct Move Japan yen 113.460 113.57 +0.10 Sing dlr 1.365 1.3653 +0.02 Taiwan dlr 27.735 27.771 +0.13 Korean won 1176.300 1179.5 […]
Read MoreUSD/IDR stays depressed near $14,330 while declining for the third consecutive day, down 0.14% intraday, ahead of Wednesday’s European session. Although broad US dollar weakness could be linked to the Indonesian rupiah (IDR) pair’s declines, firmer consumer sentiment data from Indonesia also favored the pair sellers of late. That said, the nation’s Consumer Confidence Index jumped to […]
Read MoreDespite the severe Covid-19 pandemic, the Vietnamese startup ecosystem is witnessing an impressive growth, with various startup projects being successful in gaining millions of dollars of capital this year. In June 2021, KKR – a leading global investment firm that manages multiple alternative asset classes – announced its investment of US$100 million in EQuest, a […]
Read MoreKUALA LUMPUR, Dec 7 — The Keluarga Malaysia Maximum Price Control Scheme (SHMKM) will take effect today till December 31 throughout the country as part of the government’s efforts to stablise the price of necessities and ensure adequate supply in the market. The items listed under the scheme include live chicken, standard chicken, super chicken, […]
Read MoreThe baht opened at 33.66 to the US dollar on Wednesday, strengthening from Tuesday’s closing rate of 33.70. The Thai currency is likely to move between 33.50 and 33.70 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the market is in a risk-on state which causes foreign […]
Read MoreMANILA, Philippines — The Philippines is set for a strong rebound this year as momentum picks up, but economic scarring will likely hamper growth in the coming years and fall below government expectations, the World Bank said. In an economic update yesterday, the multilateral lender raised its 2021 gross domestic product (GDP) growth forecast for […]
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Thailand
