There are a number of reason Asian currencies have been falling recently, with the most obvious being expectations the Federal Reserve will raise interest rates in the latter part of 2015.
Other factors attributed to weaker Asian currencies include pressure from local businesses, demand for electronics gadgets fell, MERS, funds pulling money from emerging markets, Japanese yen, and a potential Greek default. I'll break down how these are having an effect country-by-country in a moment.
read more ...
1 comment:
The Indian currency has fallen more than 0.5% against the dollar over the past four sessions, and over the past four months, losing more than 4%.
Regards--
options call and put tips
Post a Comment