The Thai baht’s rally may be losing steam as the central bank steps up efforts to curb the currency’s strength and election risks reemerge, according to strategists.
The Thai baht is heading for its biggest annual gain against the US dollar in eight years. At first glance, there seems to be ...
Zambia’s kwacha traded near the highest in more than two years, as a government order to curb the use of foreign currencies ...
Russia’s ruble has outpaced every major currency against the dollar this year, a rally that caught policymakers off guard and ...
Asia is back on top. The region’s stock markets have beaten the US and Europe this year, credit markets are strong, currencies are strengthening, and investors expect the momentum to carry into 2026.
Emerging-market bonds are likely to be supported in 2026 as the securities are increasingly owned by local investors who are less exposed to currency risk and are therefore more resilient holders, ...
South Korean authorities are making an increasingly frantic effort to stop the won currency sliding to lows not seen since ...