3min chapter

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Under the Banyan Tree - What does a stronger dollar mean for Asian FX?

HSBC Global Viewpoint: Banking and Markets

CHAPTER

Effects of a Stronger Dollar on Asian FX Markets and Increased Use of Asian Currencies

This chapter explores the effects of a stronger dollar on Asian FX markets, including reduced demand from importers and lower hedging requirements for local corporates. It also discusses China's internationalization process and India's efforts to promote the use of the rupee, as well as the increasing usage of Asian currencies in South Asia countries and future prospects for Asian FX markets.

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