Loading…
Asian currencies steadied on 15 November after a volatile week, with the ringgit holding firm despite slower third-quarter Malaysian growth that met expectations. The Thai baht and Singapore dollar edged higher while the rupiah stayed near a three-month low.
Emerging market assets had been under pressure on fears that proposed US tariffs could slow Fed rate cuts.
Regional currency stability limits near-term import cost swings for feed buyers, but the tariff-driven risk to trade-reliant Asian economies remains a background concern.
interaksyon.philstar.comSneha Kumar via ReutersNov 15, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
