Currency Forecasts

The taka should remain stable at around BDT68.50/US$, as it has since early 2007. Resistance exists at BDT67.80/US$, and support at BDT68.90/US$. The prospect of renewed volatility... 2009-06-05

We expect the rupiah to stay relatively stable over the near term, trading around IDR11,000/US$. However, volatility is expected to persist in spite of positive market sentiment over... 2009-05-01

The Singapore dollar looks poised for further strength over the near term even though the central bank re-centered the currency band at its latest policy meeting in April to allow... 2009-04-23

Following a near 30% plunge in 2008 the rupee has found some stability around the PKR80.00/US$ mark and is currently cruising on a gentle downward trajectory. The balance of payments... 2009-04-17

We expect the won to continue to trade in the channel of KRW1,300-1,400/US$ as a fledgling return of global risk appetite on hopes that the world economy is bottoming out is buffeted... 2009-04-02

Along with a number of regional currencies the Taiwan dollar has staged a brisk rebound in March, appreciating by some 4.0% versus the US dollar. Broad based greenback weakness and... 2009-03-26

We foresee the Indian rupee making a decisive break of five-month trendline support at INR52.00/US$, paving the way for a descent towards INR55.00/US$ as capital outflows persist.... 2009-03-05

We are expecting the Vietnamese dong to continue to be range-bound around VND17,500/US$ in the short term. However, another downward adjustment, as repeatedly seen in 2008, is highly... 2009-02-18

We foresee the Central Bank of Sri Lanka (CBSL) pursuing a policy of gradual rupee depreciation in 2009 as the currency comes under pressure from an elevated current account deficit... 2009-01-29

The yuan will remain relatively volatile in the short term, but within the CNY6.8000-6.9000/US$ range, as the People's Bank of China (PBoC) ensures the unit remains range-bound in... 2009-01-08