Reported 18 days ago
S&P Global Ratings cautions that the weakening US dollar could adversely affect export-driven sectors and banks, particularly in Thailand, Taiwan, and Cambodia, which rely heavily on exports to the US. As the dollar has fallen significantly since January 2025, financial institutions with substantial corporate loans to export-oriented SMEs may face asset quality issues. While S&P predicts modest depreciation of the dollar in the coming years, a more significant decline could have serious credit implications.
Source: YAHOO