yen

Former Japan currency chief says FX intervention should be backed by rate hikes

Nakao warned that the yen could weaken further if the BOJ was slow to raise interest rates

The Singdollar remains a bastion of stability, but the currencies around it are on the move.

How strong is the Singdollar? These charts show how it is performing against regional currencies

These seven charts track the Singapore dollar against key currencies over the last six months

The yen could be cheap because investors are worried about the danger that Japan will lose its fiscal and monetary credibility.
THE BROAD VIEW

The weak yen and the weakening US dollar are signs of financial fragility

But neither Japan nor America should meddle with exchange rates

The US dollar weakened as much as 1.8 per cent against major currencies this week.

Intervention, Inflation and the STI

The US dollar is sliding, gold is near US$5,600 and Singapore’s STI is nearing 5,000 points. SGX’s Geoff Howie explains what’s driving the market.

A stronger Singdollar is beneficial in terms of imported costs, but it may also influence export competitiveness and the attractiveness of Singapore as a tourist destination, says OCBC chief economist Selena Ling.
BT EXPLAINS

Why Japan’s yen shock is rippling across Asian currencies – and what it means for Singapore

The US dollar has slid on intervention fears, while the yen has strengthened considerably

The BOJ increased interest rates to a 30-year high of 0.75 per cent at the December meeting.

Some in Bank of Japan saw need to watch weak-yen impact on prices in timing rate hike: December minutes

[TOKYO] A few Bank of Japan board members said the central bank must be mindful of the impact a weak yen could have on underlying inflation in deciding when to raise interest rates again, minutes of i...

Under pressure to improve long-term returns amid Japan's ageing population, GPIF gradually raised its exposure to overseas assets over the past decade.

Japan’s bond meltdown spurs speculation over GPIF portfolio shift

Move could help arrest the spike in yields by increasing its asset allocation to the country’s government bonds

The BOJ kept interest rates steady on Friday but retained hawkish inflation forecasts, stressing its vigilance to price risks from a weak yen.

BOJ expects inflation to intensify as a result of weak yen

In an analysis of a weak-yen shock, it says that inflation increases in the first year of companies passing on rising import costs

The greenback faces fresh headwinds amid market chatter that the US might coordinate with Japan on currency intervention.

Singapore dollar hits 11-year high against greenback

Singdollar breaches 1.27 level, its strongest since 2014, driven by intervention rumours