• In Asia, US dollar’s growing strength gives rise to stability concerns, suspected rate intervention | South China Morning Post

    Source: Buzz FX / 02 May 2024 10:07:21   America/Chicago


    With the US Federal Reserve poised to keep borrowing rates higher for longer – a move that would maintain pressure on Asian currencies – analysts expect that China’s central bank is likely to let the yuan weaken while also being mindful of
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