The Economic Times
17ชม. ที่แล้ว
Global Market: Asian currencies slide as hot US inflation fuels Fed rate hike bets; won hits twoweek low
Emerging Asian currencies weakened as hotter-than-expected US inflation revived Federal Reserve rate hike concerns, boosting the dollar and triggering a sell-off in AI-linked stocks. South Korea's won, Taiwan dollar, Philippine peso and Indonesian rupiah came under pressure amid capital outflows and rising borrowing costs.