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Asian Currencies

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Asia FX Remains Subdued, Dollar Holds Steady Amid Strong Inflation Impact
NEWSFEB 19, 2024
Asia FX Remains Subdued, Dollar Holds Steady Amid Strong Inflation Impact
Asian currencies tread cautiously as the dollar stabilizes near three-month highs, fueled by persistent U.S. inflation concerns that diminish expectations of early interest rate cuts, with the yen hovering around the psychologically crucial 150 level amid vigilance for potential government intervention.