Asia FX: The Time For A Sell-Off Is Approaching

September 2010
Asia Monitor: South East Asia Monitor Volume 1;Sep2010, Vol. 21 Issue 9, p8
Country Report
The article offers information related to the economic condition of the Asian region. According to the author, it is expected Asian currencies over the coming months will weaken to the weakening global economy and a rise in risk aversion. It comments that there is a possibility that Asian central banks gradually will diversify some of their assets out of U.S. dollars, becoming a significant concern if long-term interest rates in the U.S. were to rise over the upcoming years.


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