The US Federal Reserve’s chair Janet Yellen indicated the US will not raise rates or end bond buying for about six months. Will this clarity help Asia’s major economies?
Whoops! The US Fed backtracked on plans to slow down asset purchases. The rupiah and the rupee were dented badly on the assumption it would; they are now recovering. How will Asia’s currencies behave now? CT asks the experts.
The US Federal Reserve is expected to begin tapering its asset purchases imminently. FX strategists are arguing it will benefit the US dollar to the detriment of Asia's major currencies. CT asks the experts if this is the case.
Sep 9, 2013
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