Asian currencies set for long-term appreciation against US dollar: Jefferies report
Jefferies reports that Asian currencies are poised for long-term appreciation against the US dollar, reversing a trend from 30 years ago. This shift is fueled by emerging Asian economies' higher gross national savings compared to G7 nations. The report also notes the impact of US trade policies and reduced recession risks due to adjusted tariff plans.
Jefferies reports that Asian currencies are poised for long-term appreciation against the US dollar, reversing a trend from 30 years ago. This shift is fueled by emerging Asian economies' higher gross national savings compared to G7 nations. The report also notes the impact of US trade policies and reduced recession risks due to adjusted tariff plans. What's Your Reaction?
