A currency exchange shop in Sheung Wan, Hong Kong, on September 27. Photo: Sam Tsang
A currency exchange shop in Sheung Wan, Hong Kong, on September 27. Photo: Sam Tsang
Clara Cheong
Opinion

Opinion

Macroscope by Clara Cheong

Risk of Asian currency crisis remains low even amid US dollar strength and economic worries

  • Asian and G10 currencies are likely to continue to weaken against a strong dollar as the Fed stays hawkish on inflation
  • But fundamentals are solid in Asia and real interest rates in most economies remain above those in the US, which will support local currencies

A currency exchange shop in Sheung Wan, Hong Kong, on September 27. Photo: Sam Tsang
A currency exchange shop in Sheung Wan, Hong Kong, on September 27. Photo: Sam Tsang
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