The government announced it would raise fuel prices after an agreement with the IMF that included an end to fuel subsidies, allowing the resumption of aid
Calls for reduced reliance on the dollar system and boosting the yuan to become a robust, globally-traded reserve currency come in the wake of deteriorating relations with the West
China's yuan has seen its best week in about 18 months, extending gains on Monday against the dollar, as Shanghai lifted more Covid restrictions
The bank said inflation would remain elevated in the near-term due to supply-side pressures while economic growth will also record a setback
The rupee weakened to about 198.39 to the dollar on Wednesday, the central bank said, a historic low that means it has lost almost a quarter of its value in the past year
Hit hard by the pandemic, rising oil prices and populist tax cuts, Sri Lanka's dire economic situation has led to spiralling inflation and shortages of essential supplies
Stablecoins are meant to offer a reliable investment option, unlike unpegged cryptocurrencies like bitcoin or ether, which are very volatile
Transport, banks and materials stocks had a higher share price correlation with the exchange rate, perhaps because they are more affected by general economic conditions
IMF raised dollar weighting to 43.38% from 41.73% and yuan's to 12.28% from 10.92%. The euro's weighting declined to 29.31% from 30.93%, the yen's fell to 7.59% from 8.33% and the British pound fell to 7.44% from 8.09%
The central bank has made three interventions in two days, spending HK$8.533 billion (US$1.08 billion) in total to defend the local currency, which is weakening because of capital outflows
Nomura said yuan depreciation could also add modest inflationary pressures, as China is the world’s largest importer of energy and agricultural products
The Hong Kong Monetary Authority bought almost HK$1.6 billion ($202 million) of the territory's currency after it fell to its lower limit of HK$7.85 in New York trading hours