ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Nikkei Markets

Focus on fundamentals could help ASEAN currencies

Peso, rupiah to continue to underperform

Malaysian ringgit notes
Many banks say that the outlook is positive for the Malaysian ringgit since the country has a current account surplus that is beneficial for the currency.    © Reuters

SINGAPORE (Nikkei Markets) -- Southeast Asian currencies have had a rough year so far but the pressure on them could ease in coming months as trade tensions settle, returning focus to the region's strong growth prospects and the fundamentals weighing on the U.S. dollar.

Many banks say that the outlook is positive for the Singapore dollar, the Malaysian ringgit and the Thai baht since the three countries all have a current account surplus that is beneficial for their currencies.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more