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Currency Trends in Emerging Countries: January 2019 (Monthly Report)

1 February 2019 - The US dollar has eventually weakened in January over a possible change in the policy of the US Fed, with the Sterling sharply rebounding whatever the Brexit uncertainties in the UK. The renminbi has significantly dropped over poor results of the Chinese economy, whereas the Indian rupee has been the weakest of our long list of low-cost currencies. Chinese demand for Indian fibers and yarns could therefore be boosted after holidays. Our monthly statistical report covers the past two years and displays a comprehensive view of currency values against the US dollar but also v. the euro, the British pound, the Indian and Pak rupees, and the Chinese renminbi over a 2-year period.


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