Malaysia, Singapore currencies rise on tight policies before Jackson Hole

South Korea and Taiwan's currencies slump, reflecting U.S. recession risk

20240820 money changer in singapore

Analysts and investors will be looking for signs of easing in U.S. Federal Reserve Chair Jerome Powell's speech at the central bank's research symposium at Jackson Hole, Wyoming.  © Reuters

LISA KIM, Nikkei staff writer

TOKYO -- Malaysia and Singapore's currencies have strengthened to 18-month highs against the dollar over the past couple of months due to their tighter central-banking policies.

Sponsored Content

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