Asian Currencies Hit 19-Month Low: Devere CEO Predicts Continued Weakness

Asian currencies person reached their lowest levels successful implicit 19 months arsenic the U.S. dollar strengthens, driven by expectations of prolonged elevated U.S. involvement rates. The Bloomberg Asia Dollar Index fell by 0.1% connected Thursday, marking its lowest constituent since November 2022. Significant declines successful the Philippine peso, Indian rupee, and South Korean won are […]