Macro Thought Piece - Dong facing increasing depreciation pressure in 2022
  • 2022-03-29T00:00:00
  • Macroeconomics

Rising global risks have increased pressure on Asian currencies 

- The US Federal Reserve approved a rate hike of 25 bps in March and signaled six more hikes in 2022. Rising concerns over inflation and the economic outlook along with a hawkish Fed and heightened geopolitical risks have increased pressure on Asian currencies relative to the US dollar.

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