The Hong Kong Dollar: Asia’s Premier Currency
The currency speculators are restless again. Many of them, including George Soros and Kyle Bass, are reportedly taking aim at…
Headwinds at Home and Abroad Weaken South African Rand
The South African rand fell to its lowest level on record early last month, having shed over 45% of its…
China’s Currency Now Part of Global “Basket”
At a dinner four years ago, I sat opposite a senior official of the New York Federal Reserve, and was…
