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Soaring US dollar sends Asian currencies reeling - but not Singapore's

Markets across Asia were left reeling after the US Federal Reserve on Tuesday (Sept 20) announced another sharp 75 basis point increase to its key rate, further fuelling the rise of the US dollar against regional currencies as the world’s largest economy tries to rein in runaway inflation – even at the risk of triggering a recession. The Fed projected...
Soult Ukpyolsi South Korea Sri Lanka Sri Lankans Abdullah Hassan Ashish Agrawal

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