The shift to de-peg the renminbi against the US dollar, announced on Saturday, will probably bring further FX rate appreciation across Asia, even though China is likely to move slowly from now on. The Singapore dollar, Malaysian ringgit and Korean won should continue to benefit the most.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services