Rajiv MenonFinance
Japanese Retailers Lock in FX Contracts as Weak Yen Hits Profits
Takara MC and furniture giant Nitori face mounting import costs with the currency lingering near 159 per dollar after a 30 per cent drop over five years.
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Rajiv MenonFinance
Vietnamese Dong Strengthens as Dollar Drops to VND26,330 at Vietcombank
Unofficial currency traders pushed the greenback up 0.19 percent to VND25,970 even as official commercial bank rates edged down.
Sarah ChenGeneral
Dollar struggles in Asia after lift from US retail sales
The dollar was steady on Friday after China’s central bank appeared to have stopped guiding the yuan lower for now, easing concerns that a weaker Chinese currency could derail plans by the US Federal Reserve to raise interest rates. The dollar traded at…