Nepal maintains exchange rate stability and financial openness with India, limiting its monetary independence.
SINGAPORE/HONG KONG (Reuters) -U.S. President Donald Trump's erratic policies are rattling a currency peg that has withstood the test of time and is seen as an anchor for China and Asia. The Hong Kong ...
HONG KONG (Reuters) -Hong Kong's de-facto central bank stepped into the foreign exchange market on Tuesday as the currency hit the top end of its band for a fourth time this month, spurred by a ...
Discover how the Bretton Woods Agreement shaped global finance by establishing the IMF and World Bank, and its impact on ...
Hong Kong’s de-facto central bank spent more than a billion dollars propping up the city’s currency, as it sought to defend a peg that has been strained by volatility in the greenback. The Hong Kong ...
A fresh debate about the sustainability of Hong Kong’s decades-long currency peg has analysts ruminating on what might eventually replace it. It’s an issue that’s gaining traction after intervention ...
ABU DHABI, Jan 11 (Reuters) - Central banks of Gulf Arab oil producers are reviewing foreign exchange pegs to the dollar and may agree as early as March to switch to another currency or basket of ...
The Hong Kong Monetary Authority has sold over a 100 billion in Hong Kong dollars in the foreign-exchange market this month, as the Hong Kong currency’s strength threatens its peg to the U.S. dollar.