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Asia amasses US$8 trillion ‘currency-war chest’ as major economies brace for renewed depreciation pressure
Asia amasses US$8 trillion ‘currency-war chest’ as major economies brace for renewed depreciation pressure
THURSDAY, NOVEMBER 20, 2025
Asian central banks have amassed nearly US$8 trillion in foreign-exchange reserves as India, the Philippines and South Korea face renewed pressure from currency depreciationCurrency depreciation a risk to emerging markets
Currency depreciation a risk to emerging markets
SUNDAY, MAY 27, 2018
Moody’s Investors Service has said that the currency depreciation witnessed across Asia Pacific in recent months poses risks to the region’s emerging and frontier markets. Sovereigns with high external financing needs are most exposed.