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Asia FX edge lower, stocks range-bound as US inflation data in focus

ASIAN currencies inched down on Tuesday, while shares were range-bound after a loan survey showed credit conditions in the U.S. were less gloomy than expected, while investors also awaited U.S. inflation data for clarity on interest rate hikes.
Jerome Powell Poon Panichpibool Strategist At Krung Thai Bank Opinion Survey On Senior Loan Officer Opinion Survey Krung Thai Bank

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China forex reserves rise

BEIJING: Chinaโ€™s foreign exchange reserves rose more than expected in April, official data shows, as the dollar fell against other major currencies.

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