[Andrew Sheng] Nurturing a yen for the unloved dollar standard
ViewpointsMay 27, 2013
Traveling around Southeast Asia last week, the mood was all about currency fluctuation and impact on markets. Things do look different when the Thai stock market daily turnover touches $2 billion and is higher than that of Singapore. But the headline that Thai growth slowed quarter-on-quarter but still grew 5.3 percent year on year gave rise to fears that export-driven economies in the region are beginning to slow. The guru on the dollar relationship with the East Asian currencies has to be Stan