Asian Currency Index Falls to Two-Decade Low on Fed, Tariff Bets

By Yahoo! Finance   |   2 months ago
Asian Currency Index Falls to Two-Decade Low on Fed, Tariff Bets

Asian currencies are at a two-decade low against the dollar due to robust US growth and Trump's tariff promises. Central banks may allow controlled depreciation in response to protectionism, with the dollar expected to continue gaining strength in Asia.

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