Asian currencies could be on ‘back foot’ despite U.S. rate cuts: JPMorgan
The U.S. dollar is expected to remain resilient despite possible Fed rate cuts this year. Jackal Pan | Moment | Getty Images Asian currencies could be on the “back foot”…
2024-04-27 03:58:23
The U.S. dollar is expected to remain resilient despite possible Fed rate cuts this year. Jackal Pan | Moment | Getty Images Asian currencies could be on the “back foot”…
Oil trades have sometimes been settled in the Chinese yuan, Russian ruble or Indian rupee, but the idea of “de-dollarization” — or moving away from the U.S. dollar to settle…
Two thousand rupee notes on show with an Indian flag within the background. Manish Rajput | SOPA Images | LightRocket by way of Getty Images The Indian rupee has come…