The mainly south-east Asian countries have been spurred to defend the competitiveness of their currencies by China’s decision to in effect re-peg the renminbi to the dollar since July last year.
Simon Derrick, at Bank of New York Mellon in London, said: “Other Asian central banks outside China are naturally looking to aggressively defend their competitive edge against undesirable currency strength as the dollar weakens.”
ICE Mortgage Monitor: Annual home price growth eased in March; "For-sale
inventory has been growing sharply across Florida"
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Today, in the Real Estate Newsletter: ICE Mortgage Monitor: Annual home
price growth eased in March
Brief excerpt:
Press Release: ICE Mortgage Monitor: H...
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