Reported 19 days ago
In the wake of rising dollar strength following the US elections, various Asian countries are taking measures to stabilize their currencies. Authorities in Indonesia, China, India, and Thailand are either intervening or monitoring for potential market fluctuations as traders anticipate former President Trump's protective economic policies. The dollar's value surged, putting pressure on all Asian currencies, prompting speculations on further interventions by central banks in the region.
Source: YAHOO