Asian authorities are intensifying FX defense as high energy
文 / 小金
2026-06-04 13:50:03
来源:亚金网
Asian authorities are intensifying FX defense as high energy costs and Fed rate‑hike expectations pressure local currencies. South Korea vowed on Thursday to curb excessive volatility after the won slid toward its weakest since 2009. Bank Indonesia said it is stepping up intervention to stabilise the rupiah, which has fallen to historic lows. Sources say the Bank of Japan is prepared to consider a 25bp rate rise this month. In India, with the rupee near record lows, the government plans tax cuts and removal of some limits on bond holdings to attract inflows. BNY Mellon’s APAC senior markets strategist Wee Khoon Chong said a strong dollar, high oil and capital outflows have left regional central banks and authorities on high alert.
