Best Currency in Asia: It’s Not What You Think

Best Currency in Asia: It’s Not What You Think

Currencies around the world have depreciated against the U.S. Dollar for the past few years. It hasn’t been limited to just several countries or regions either. The Pound, Euro, Yen, Yuan, and almost everything else are now significantly lower compared to the...
Myanmar Kyat Crisis: IMF Lowers Forecasts

Myanmar Kyat Crisis: IMF Lowers Forecasts

Myanmar is feeling the first effects of a sustained US dollar rally. On July 2, the exchange rate of the Myanmar kyat to the US dollar rose to a new all-time high of 1,127.84. This is the highest (official) exchange rate for the Myanmar kyat since April 1, 2012, when...
Singapore Dollar Has Weak Future Prospects

Singapore Dollar Has Weak Future Prospects

The Singapore Dollar started the year with a poor performance, but regained many of its losses in April. The currency is now trading at around 1.324 to the US Dollar – similar to where it was at the beginning of this year. Weak economic numbers from the...