“Basically, USD is rising against everything according to what we’re witnessing in emerging Asia, but India and Indonesia are the worst hit.”

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“Basically, USD is rising against everything according to what we’re witnessing in emerging Asia, but India and Indonesia are the worst hit.”

—Eddie Wang, head of fx structuring, Asia global markets division at Crédit Agricole in Hong Kong, on what Asian currencies are suffering most from poor economic data in the region and the likelihood of the U.S. Federal Reserve winding down its bond buying program.

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