Sectors

Asian currency winners identified in 2010

Date: 19 Feb 2010

Mirza Baig, Deutsche Bank's head of Asia foreign exchange strategy, considers which currencies stand to benefit from a continued decline of the US dollar this year.

Keywords (click to search): [Research report] [Asia foreign exchange] [currencies] [Mirza Baig] [Deutsche Bank]

Asian currencies generally trade with the US dollar trend, although some more so than others. On the basis of historical correlations we can say that the most “dollar sensitive” currencies tend to be the Singapore dollar, Malaysian ringgit and Taiwanese dollar, while the tightly controlled Chinese renminbi and...

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