Shoppers during “golden week” in China on October 4. China and other Asian countries that have minimised the impact of Covid-19 on their domestic economies are ready to gain from a weaker dollar. Photo: Bloomberg Shoppers during “golden week” in China on October 4. China and other Asian countries that have minimised the impact of Covid-19 on their domestic economies are ready to gain from a weaker dollar. Photo: Bloomberg
Shoppers during “golden week” in China on October 4. China and other Asian countries that have minimised the impact of Covid-19 on their domestic economies are ready to gain from a weaker dollar. Photo: Bloomberg
Christiaan Tuntono
Opinion

Opinion

Eye on Asia by Christiaan Tuntono

How Asian economies stand to gain from a weak US dollar

  • Once the US passes its latest round of stimulus, concerns over its fiscal health will return, weakening US rates and the dollar
  • Asia, in contrast, will benefit as stronger local currencies reduce foreign debt and attract investors seeking better returns

Shoppers during “golden week” in China on October 4. China and other Asian countries that have minimised the impact of Covid-19 on their domestic economies are ready to gain from a weaker dollar. Photo: Bloomberg Shoppers during “golden week” in China on October 4. China and other Asian countries that have minimised the impact of Covid-19 on their domestic economies are ready to gain from a weaker dollar. Photo: Bloomberg
Shoppers during “golden week” in China on October 4. China and other Asian countries that have minimised the impact of Covid-19 on their domestic economies are ready to gain from a weaker dollar. Photo: Bloomberg
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