Stock Market

Story: Asian Currencies Stay Flat as Traders Eye US Inflation Data

By Bruce Buterin

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Asian currencies barely moved Monday. Traders are holding their breath for US inflation numbers due Wednesday, while Japan's weak consumer price data puts fresh doubt on the Bank…

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The dollar index sits at 103.50, pretty much unchanged from Friday's close. Everyone's watching those US consumer price numbers coming Wednesday - they could shake up Federal…

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Consumer prices rose just 0.8% year-over-year in January, way below what economists wanted to see. The yen dropped to 134.

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China's yuan trades at 6.45 per dollar, basically flat. The People's Bank of China announces loan prime rates Thursday, and nobody expects changes there either.

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South Korea's won sits at 1,190 per dollar. The Bank of Korea faces a tough choice between fighting inflation and supporting growth when they meet later this month.

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The Indian rupee didn't budge much at 74.50 per dollar.

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Thailand's baht and Malaysia's ringgit also stayed put, reflecting the cautious mood before US data hits.

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Singapore's dollar trades at 1.35 to the US dollar, holding up well despite regional jitters.

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Vietnam's dong holds at 23,200 per dollar as the State Bank monitors global trends. Recent central bank interventions aimed to stabilize the currency amid choppy foreign…

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Indonesia's rupiah trades at 14,000 per dollar, staying in its recent range despite external pressure.

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The Philippine peso remains at 54.80 against the dollar. Bangko Sentral ng Pilipinas emphasizes readiness to tackle inflationary pressures.

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Hong Kong's dollar stays pegged at 7.80 per US dollar. The Hong Kong Monetary Authority continues its currency peg strategy despite global fluctuations, aiming to maintain…

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New Zealand's dollar gained modestly, trading at 0.6700 against the US dollar.

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The Reserve Bank of New Zealand meets later this month with analysts predicting a possible rate hike.

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Pakistan's rupee hovers around 275 per dollar as the State Bank monitors closely. Recent policy measures target inflation while supporting economic recovery.

The Currency Analytics

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