Latest news with #multicurrency
Bloomberg
11-08-2025
- Business
- Bloomberg
Dollar Doubts and a Multicurrency World Order
I'm Malcolm Scott, international economics editor in Sydney. Today, we're looking at Saleha Mohsin 's reporting on the prospects for a multicurrency future. Send us feedback and tips to ecodaily@ And if you aren't yet signed up to receive this newsletter, you can do so here. For decades, the dollar's dominance has allowed Washington to run gaping budget deficits and US consumers to spend more than they make—all funded by overseas investors eager to snap up greenbacks adorned with the motto 'In God We Trust.'
Finextra
30-07-2025
- Business
- Finextra
Hazeltree adds fixed term investment products from TreasurySpring
TreasurySpring, the global cash investment platform, has today announced a strategic partnership with Hazeltree, the leading provider of integrated treasury and liquidity management and optimisation solutions for the alternative asset management market. 0 Hazeltree clients will gain access to TreasurySpring's marketplace of institutional fixed-term cash investments, spanning over 950 products from more than 90 issuers and across eight currencies, directly through the Hazeltree platform. The products range from collateralised repos with leading international banks to government and corporate securities. With TreasurySpring embedded directly into the Hazeltree platform, its clients can view and act on fixed-term investment opportunities from within their existing treasury workflows. This will provide clients with a seamless and scalable access to allocate surplus cash, without additional infrastructure or operational burden. This embedded solution enables Hazeltree customers to combine cashflow forecasting with direct access to a broad menu of fixed-term investment options, providing treasury and finance teams with an end-to-end platform for managing liquidity and deploying excess cash efficiently. Tom Ryan, Global Head of Partnerships at TreasurySpring (July 2025) said: 'This partnership combines Hazeltree's treasury intelligence with TreasurySpring's fixed-term fund infrastructure, giving institutional clients an end-to-end solution for unlocking the value of their idle cash while maintaining control, visibility, and compliance. 'For private funds in particular, where liquidity strategies must be both agile and robust, access to a diverse set of secure, short-term investment options is a vital part of modern treasury management. Given our collective experience working with private funds, and strong alignment with both existing and prospective clients, this partnership is a natural fit.' Douglas Trafelet, Chief Commercial Officer at Hazeltree (July 2025) commented: 'Our hedge fund and private market clients are increasingly seeking tools that allow them to optimise their cash, without disrupting existing workflows. Through this collaboration with TreasurySpring, we're expanding the breadth of our treasury management capabilities by integrating access to a wide range of secure, institutional-grade investment options. TreasurySpring's infrastructure fits naturally within Hazeltree's platform, allowing clients to take action on surplus cash more effectively, enhancing transparency and streamlining processes.'
Bloomberg
08-07-2025
- Business
- Bloomberg
Danantara Appoints Four Banks to Lead Up to $10 Billion Loan
Indonesian sovereign wealth fund Danantara appointed four banks to coordinate a multicurrency borrowing of as much as $10 billion, in what could be Southeast Asia's largest loan, according to people familiar with the matter. DBS Group Holdings Ltd., HSBC Holdings Plc, Natixis SA and Standard Chartered Plc will be acting as coordinators for the facility, the people said, who asked not to be identified discussing private matters.
Bloomberg
30-06-2025
- Business
- Bloomberg
Danantara Seeks Up to $10 Billion Loan, Southeast Asia's Largest
Indonesian sovereign wealth fund Danantara is seeking a multicurrency borrowing of as much as $10 billion, in what could be Southeast Asia's largest loan, according to people familiar with the matter. Danantara, formally known as Daya Anagata Nusantara, sent a request for proposals to regional and international banks for a loan with tenors of around three to five years, the people said, who asked not to be identified discussing private matters. Lenders have been asked to provide underwritten commitments and proposals on an uncommitted basis, they added.
CNA
16-06-2025
- Business
- CNA
Money Talks Podcast: When to get the best exchange rates for foreign currencies
If the US dollar weakens against the Singdollar, should you buy it even if you're not traveling to the US anytime soon? And what happens if the rate drops drastically? In this week's Money Talks episode, Khoon Goh, head of Asia research for ANZ gives a run down the basics of currency exchange. Here is an excerpt from the conversation: Andrea Heng, host: One of our guests in a previous Money Talks episode told us that when he saw the Japanese yen dropping, he immediately went and changed a large sum of money and kept it in his multi-currency app. What are the pros and cons of doing this? Khoon Goh, head of Asia research for ANZ: It makes sense to look at a very favourable rate, particularly if a trip is coming up, and you know you're going to utilise that. So it makes sense to convert ... But the downside is that potentially that rate could get even better. Secondly, in terms of these multi-currency wallets, bear in mind you're not actually earning any interest when you convert into it. If you still retain your Sing dollars in your savings account, at least you're earning something, not much, but at least something. So there is that opportunity cost of lost interest that has to be borne. It's not going to be a large amount obviously, but it's really around the potential for the rates getting better. So if you're converting, say, the whole amount, then you're missing out on any potential better rates. But on the other hand, it could also revert, and therefore in my mind, let's not have any regrets, because whatever rate that you are changing is obviously a rate that you're happy with, and you're going to spend that amount anyway. Andrea: But that's the thing, right? I've always often wondered, when do you know it's a good time to change? Is it when everyone goes: 'Hey, the US dollar has come down. I think better change now.' Or is there something that we can refer to as a gauge? Khoon: There's a lot of things that affect currency movements, but if you're already committed, or you've already made a decision to travel or go on a holiday to a certain destination, then even a two to five per cent currency move is not going to be material.
