• Sat
  • Sep 20, 2014
  • Updated: 6:10pm

Currency policy

How the US dollar destabilises the world

Karl Schiller, West Germany's economics minister between 1966 and 1972, pithily pronounced that "stability is not everything, but without stability, everything is nothing".

Tuesday, 4 March, 2014, 7:08am 5 comments

Yuan's sharp drop puts investors on alert for reversal of rising trend

The yuan has recently been something of a safe haven among emerging market currencies, yet market players have learned from a bloody lesson over the past week that it is no longer an easy, one-way bet.

A sharp fall against the US dollar both onshore and offshore made the yuan the worst performing currency within emerging Asia this month.

3 Mar 2014 - 4:52pm 4 comments