currency
Coverage of currency in the Nexus archive.
- Why Indonesians are souring on Prabowo
Indonesians are showing dissatisfaction with Prabowo, as students protest and the country's currency weakens.
- Why Markets Are Pricing a “Godzilla” Weather Risk in Brazil
Markets are factoring in a 63% chance of a very strong El Niño event, with potential Pacific warming of 2.0°C or more from November to January. Brazil is highlighted as a key market to monitor, as weather patterns are being analyzed for their impact on currency and interest rates by Itaú BBA.
- Indonesian students sour on Prabowo as currency weakens
Indonesian students are becoming critical of Prabowo amid a weakening currency. Protests are occurring due to economic struggles and corruption allegations affecting welfare programs.
- Germany hews EU’s tough China line with call for ‘Plaza Accord’ talks on yuan
German Chancellor Friedrich Merz stated the Chinese yuan is undervalued by 30%, exceeding the IMF's 16% estimate, and accused China of flooding markets with subsidized products and non-convertible currency. He called for 'Plaza Accord'-style negotiations to address these economic practices.
- Yen slides past 161 against the dollar, nearing 40-year low and reviving intervention bets
The yen depreciated sharply to 161.80 against the dollar, its weakest since July 2024, nearing a 40-year low. The decline has revived speculation about potential intervention.
- Israeli Bank to Sever West Bank Ties, Raising Alarm Over Economy
An Israeli bank is severing ties with the West Bank, raising concerns about economic implications. The West Bank economy relies heavily on Israel, with the shekel as its primary currency.
- Trump’s bill threatens the singleness of money
Trump’s bill could affect the uniqueness of money by potentially placing the president's face on currency, which may be improper and ineffective.
- Asia Intelligence Brief — Thursday, June 11, 2026
Japan's factory-gate prices reached a three-year high, Indonesia intervened to stabilize its currency while allowing fuel prices to rise, and additional regional developments were reported.
- Indonesia Delivers Off-Cycle Rate Hike to Shore Up Currency
Indonesia implemented an off-cycle interest rate hike to strengthen its currency. The move aims to stabilize the local currency amid economic pressures.
- Rupiah’s collapse could trigger a political crisis for Prabowo
Indonesia's rupiah hit a record low of 18,155 per US dollar, triggering concerns about social stability and drawing comparisons to the 1997-98 Asian financial crisis. The currency's collapse has raised alarms about potential political consequences for Prabowo.
- Slumping rupiah makes Indonesia irresistible for Malaysian tourists, shoppers
Indonesia's weak rupiah is boosting its appeal for Malaysian tourists and shoppers, with visitor numbers expected to rise. Melaka Tourism Association president Madelina Quah highlighted cheaper travel and shopping opportunities due to the currency's low value.
- India’s Economy Faces Threats That Currency Band-Aid Can’t Fix
India's economy is under threat from challenges that cannot be resolved by currency measures. The article highlights ongoing economic vulnerabilities despite potential short-term fixes.
- Rubio highlights ‘massive destruction’ in Iran: ‘Other than that, they’re doing well’
Rubio highlights 'massive destruction' in Iran, noting fractured leadership, hyperinflation, a worthless currency, and difficulties making payroll.
- Like Indonesia, India's central bank may hike rates to defend its currency
India's central bank may raise interest rates to address a falling currency and increasing inflation risks, similar to recent actions by Indonesia's central bank.
- Colombian Peso gains sharply against dollar after right-wing win
The Colombian Peso rose sharply against the U.S. dollar following right-wing candidate Abelardo de la Espriella's lead in the presidential election. De la Espriella, a pro-business supporter of Donald Trump, will face socialist Iván Cepeda in a June 21 runoff. Ecopetrol shares increased 10.13% amid the market reaction.
- Japan Can Act on Currency If There’s Volatility, Katayama Says
Japan can take action on currency if there is volatility, according to Satsuki Katayama. The statement was made by Katayama in the news article.
- Odd Lots Is Coming to Hong Kong
Hong Kong authorities intervened for the third time in a week to support the currency as it approached the weak end of its trading band, with the city's interest rates at a three-year low. Visitors were noted at the Sky Terrace 428 of the Peak Tower on Victoria Peak.
- Iran’s currency falls to new low as US blockade, sanctions impact trade
Iran's currency has fallen to a new low due to the US blockade and sanctions, which have disrupted trade with key partners like China and the UAE.
- BlackRock’s Shigekawa Sees Risk to Yen on BOJ Miscommunication
BlackRock's Shigekawa warns that miscommunication by the Bank of Japan could pose risks to the yen. The BOJ maintained its benchmark rate but raised inflation forecasts, suggesting a potential earlier rate hike than anticipated.
- Pricey Crude May Pressure Indian Rupee, Trigger More Foreign Outflows
The Indian rupee fell to a record low against the dollar amid concerns that 50% US tariffs will harm economic growth and corporate earnings. High crude oil prices are exacerbating pressure on the currency and triggering increased foreign outflows.
- Euro Attracts Bullish Options Buyers as Currency Goes Off Script
The euro is attracting bullish options buyers as the currency moves unexpectedly, defying typical market expectations. This surge in interest highlights a shift in investor sentiment toward the euro.
- China Plans Largest Yuan Bond Issuance Since 2023 in Hong Kong
China plans its largest yuan bond issuance since 2023 in Hong Kong, maintaining tight control over the yuan's daily reference rate. An overnight dollar rally threatens sentiment for the managed currency and its Asian peers.
- Dollar Gains as Hormuz Blockade Sparks Oil Rally, Risk-Off Mode
The US Dollar strengthened as concerns over the Strait of Hormuz blockade drove oil prices higher, prompting a shift to risk-off market sentiment. The oil rally reflects heightened geopolitical tensions impacting global energy markets.
- Oil-Rich Latin America Lures Traders Navigating War Jitters
The Brazilian real outperformed emerging market currencies in August 2025, driven by anticipation of U.S. interest rate cuts and minimal impact from the ongoing trade war. Traders are optimistic about Latin America's oil-rich economies amid geopolitical uncertainties.
- Biggest Currency Clampdown in Decade Risks Backfiring for India
India is facing potential negative consequences from its largest currency control measure in a decade, with risks of unintended economic fallout. The policy aims to stabilize the currency but could have adverse effects.
- Why Donald Trump is putting his face on a coin
Donald Trump is featured on a coin, symbolizing the intersection of money and power. The article highlights the connection between financial influence and political authority.
- South Korean stocks fall, currency slips as foreigners dump shares
South Korean stocks and currency declined as foreign investors sold shares. The market downturn was driven by foreign capital outflows.