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

Christiaan Tuntono
Christiaan Tuntono

Updated: 3:41am, 26 Oct, 2020

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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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