Currency Briefing Update - here’s what happened on March 13 morning

The US dollar retreated against Asian currencies but gains were capped.

RBS said:

USD retreated against Asian currencies in trading this morning. Gains were however capped at 0.3%.

Even though there is a consensus view that BoJ will signal no change in target rate, some investors are betting on BoJ extending their liquidity measures after the surprise move last month.

Also supporting the risk sentiment were export numbers out of Philippines. Exports unexpectedly rose by 3% yoy in January versus market expectations of a 19% yoy decline. December exports had declined 20.7%.

KRW, THB, PHP, SGD and MYR were all up 0.3% against the dollar. In China, USD/CNY fixing came in 23pip lower at 6.3259, in-line with the mildly stronger risk appetite. Offshore, USD/CNH fixing came in unchanged at 6.318, narrowing its dollar discount against the onshore fixing to 79pip from 102pip previously.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia

Top News

'Christian Horner: Unfiltered' Comes to Singapore During F1 Week

The former Oracle Red Bull Racing Team Principal headlines a one-night-only live conversation on leadership, team culture and life at the pinnacle of Formula 1

Leisure & Entertainment

7 hours ago

SC Capital acquires townhouse compound in Chung Hom Kok, Hong Kong