Latest news with #TradeUncertainty
Bloomberg
2 days ago
- Business
- Bloomberg
RBNZ Policymaker's Closed-Door Talk Raises Transparency Concerns
An external member of the Reserve Bank of New Zealand's Monetary Policy Committee will give a rare presentation today, but it will be behind closed doors. Prasanna Gai will speak at the Auckland Business Chamber on the topic of 'Monetary Policy and Trade Uncertainty.' It is an 'exclusive lunch gathering' where Gai will 'share his expert insights on interest rates,' according to the Chamber's website.
Bloomberg
16-05-2025
- Business
- Bloomberg
Asian Currencies May Chart Different Paths After Recent Rally
Asian currencies are set to take divergent paths after a collective rally against the dollar, as investors navigate trade uncertainty and growth concerns about the world's top two economies. China's yuan may appreciate beyond its current resistance of 7.20 against the greenback by some estimates, while South Korea's won faces 1,380 per dollar as the immediate ceiling. Meanwhile, the Malaysian ringgit and Thai baht both may resume weakening, with India's rupee eying support at 86.20 per dollar.
