Asian currencies soar as dollar weakens with yen intervention in focusListen to this articleA man walks past an advertisement promoting China's renminbi (RMB) or yuan, US dollar and Euro exchange services at foreign exchange store in Hong Kong, China, on Aug 13, 2015. (File photo: Reuters)BENGALURU — The Malaysian ringgit and the Singapore dollar climbed to multi-year highs on Monday as a broadly weaker US dollar and renewed gains in the Japanese yen lifted Asian currencies, with investors remaining on high alert for possible intervention to support the yen. The yen extended its surge from Friday, weighing on the dollar and pulling regional currencies higher. The dollar index, which measures the greenback against six major currencies, slipped 0.4% to a four-month low. “We may be on the brink of a sustained breakdown in the broad US dollar index,” said Lloyd Chan, a senior currency analyst at MUFG.

Source: Bangkok Post January 26, 2026 13:01 UTC