# US rate rise: Should Asia worry? - BBC News

> The BBC looks at how the Federal Reserve's December 2016 rate increase affects Asian economies. Most Asian currencies have weakened against the dollar as capital flows out of the region, and China's yuan is under particular pressure.

- Date: 2016-12-15 · published 2016-12-15T12:00:00.000Z
- Category: macro · region Asia · magnitude medium
- Page: https://feedsoft.ai/events/73653-us-rate-rise-should-asia-worry-bbc-news
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A weaker yuan and other Asian currencies raise the local cost of dollar-priced feed imports, which can cut Chinese and regional buying and pressure prices.

## Read by commodity

- DXY: bullish ▲
- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2016-12-14 | [A US rate rise - how am I affected in the UK? - BBC News](https://feedsoft.ai/events/73734-a-us-rate-rise-how-am-i-affected-in-the-uk-bbc-news.md) | +1.6% | +0.9% |
| DXY | 2022-05-04 | [US Fed rate rise could dampen mining shares](https://feedsoft.ai/events/41316-us-fed-rate-rise-could-dampen-mining-shares.md) | +0.9% | -0.8% |
| DXY | 2016-12-14 | [US raises key interest rate by 0.25% on strengthening economy - BBC News](https://feedsoft.ai/events/5969-us-raises-key-interest-rate-by-0-25-on-strengthening-economy-bbc-news.md) | +1.6% | +0.9% |
| DXY | 2017-03-08 | [US rate rise expected, Thai outflows surge, baht weakens](https://feedsoft.ai/events/72261-us-rate-rise-expected-thai-outflows-surge-baht-weakens.md) | +0.1% | -1.2% |
| DXY | 2022-09-22 | [SBS On the Money: Why US rate rise means higher Australian rates and lower dollar \| SBS News](https://feedsoft.ai/events/39837-sbs-on-the-money-why-us-rate-rise-means-higher-australian-rates-and-lower.md) | +1.9% | +1.8% |
| USDCNY | 2022-09-28 | [China's yuan slides to 14-year low after US rate hikes \| AP News](https://feedsoft.ai/events/8604-china-s-yuan-slides-to-14-year-low-after-us-rate-hikes-ap-news.md) | -0.9% | -0.1% |
| USDCNY | 2022-09-28 | [Chinese yuan: Currency hits record lows against US dollar - BBC News](https://feedsoft.ai/events/7208-chinese-yuan-currency-hits-record-lows-against-us-dollar-bbc-news.md) | -0.9% | -0.1% |
| USDCNY | 2019-06-25 | [Most Asian currencies weaker than they should be against dollar - Nikkei Asia](https://feedsoft.ai/events/58819-most-asian-currencies-weaker-than-they-should-be-against-dollar-nikkei-asia.md) | -0.4% | +0.0% |

## Sources

- bbc.com: https://www.bbc.com/news/business-38324977

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