Dollar’s decline is fueling dislocations across Asian currencies

japantimes.co.jp/business/2025/05/05/markets/dollar-decline-asian-currencies

Asian currencies turbocharged by dollar weakness are attaining rarely seen superlatives and triggering central bank intervention to curb excessive gains.
The Hong Kong Monetary Authority on Friday sold a record amount of local dollars to prevent its advance and protect the currency’s…

This story appeared on japantimes.co.jp, 2025-05-05 01:40:00.
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