Remark underscores how a weak yen has become a tricky political issue for Japan, which has historically focused on preventing a strong currency from hurting the country's export sector

Dealers said pre-lunar new year holiday corporate demand has helped push the yuan higher while the central banked stayed silent

After the announcement, S&P Global downgraded Sri Lanka, reflecting the deterioration of the country's ability to maintain foreign reserves

Domestic media and some market participants have warned of the potential demerits of a weak yen, which pushes up import prices and households' cost of living

The Chinese yuan has been one of the best-performing Asian currencies this year, rising about 3% against a strengthening US dollar. It is now at its strongest since late 2015

The currency had fallen in the previous two days as the central bank's monetary policy decision failed to enthuse forex market participants

This unusual currency decoupling has added another element of uncertainty into the debate about where the yuan is headed in 2022

Weaker-than-expected official guidance discouraged investors from chasing the Chinese currency further

China, India, Indonesia and the Philippines are among developing Asian nations that fall in lowest-risk categories, according to new research by Nomura

Regulators vow to roll out counter-cyclical adjustments if wide fluctuations continue

Speculation is rife among currency specialists over Beijing’s silence on its currency’s recent gains as power shortages, regulatory crackdowns and Covid lockdowns slow down the world's second-biggest economy

SGX forks out $125m for trading platform doing $17bn in deals daily; MaxxTrader has more than 100 banks, dealers and hedge funds on its books