[theold]

Investors are becoming increasingly alarmed as buoyant economic activity and high interest rates in the US risk triggering renewed instability across Asia.

It’s not only investors who are rattled by the prospect of US interest rates remaining higher for longer. Central bankers – particularly those in Asia – are also on edge as the rampaging US dollar weighs on their currencies and risks triggering damaging capital outflows.

The Bank of Japan reportedly intervened in foreign currency markets to bolster the yen on Monday, after the Japanese currency plunged to about 160 yen per US dollar, its weakest level since 1990. Following the intervention, the yen rebounded and was trading about 156.3 to the US dollar.

https://www.afr.com/companies/financial-...430-p5fniu

[Alice Alicia]

The price the japs pay for overly dependent on the US.

[RiseofAsia]

AFC2 is brewing.

[RiseofAsia]

https://watcher.guru/news/u-s-dollar-bat...s-in-a-row

[Niubee]

There will be another Asian Financial Crisis 2.0 worse that 1997.

[matildashapes]

I get why investors and central bankers alike are feeling on edge. I remember a similar situation back when I was starting out in investing. It can be nerve-wracking, for sure. Have you ever explored tools like quantumai.co? Integrating advanced technology into your strategy could help navigate these choppy waters more confidently.

[red3]

Every common people are embracing rising rates to earn interests. What crisis what instability.

[Clyde]

Because of the high interest, my passive income jump few hundred percents