# Asian currencies firm after US exempts S. Korea from steel tariffs | Malay Mail

> Most emerging Asian currencies edged higher after the US exempted South Korea from steel tariffs and a media report said US and Chinese negotiators had quietly begun talks. The ringgit and Singapore dollar were among the leading gainers.

- Date: 2018-03-26 · published 2018-03-26T12:00:00.000Z
- Category: trade · region Asia · magnitude low
- Page: https://feedsoft.ai/events/66271-asian-currencies-firm-after-us-exempts-s-korea-from-steel-tariffs-malay-mail
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Easing trade tension lowers the risk of a broad trade-war shock to Asian export demand and currencies, which modestly supports regional currency-linked commodity demand.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- beta.malaymail.com: https://beta.malaymail.com/news/money/2018/03/26/asian-currencies-firm-after-us-exempts-s.-korea-from-steel-tariffs/1607597

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.