Asian Currencies Slump to 2022 Low on US Rates, Dollar Strength

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Asian currencies slumped to their weakest in more than 19 months as traders grappled with the prospect of higher-for-longer US interest rates and the resurgent dollar.

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Stocks, bonds slump over global rates angstAsian stocks were a sea of red on Thursday and bonds slid on bets global interest rates would stay higher for longer, as investors looked to key inflation...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »