Jan
18
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That has happened in latest weeks, with both the Thai baht and Indonesian rupiah strengthening considerably in opposition to the buck. The impacts can cascade by way of the financial system, impacting industries from manufacturing to tourism. When the Fed strikes, typically large sums of cash are shifted by investors from US government bonds to developing markets, similar to those in Southeast Asia, causing their respective currencies to strengthen in response.
The Way To Create A Budget That Works For You
Financial contributor Christopher Liew explains how they work and the method to take full…