You are here: Home » Reuters » News
Business Standard

Asian currencies push higher as Trump woes weigh on dollar

Reuters 

By Susan Mathew(Reuters) - Most Asian currencies were higher on Wednesday against the dollar, which was hit by new suggestions of Russian influence in the 2016 U.S. presidential election and amid wider caution ahead of Federal Reserve chair Janet Yellen's semi-annual congressional address.The currencies of South Korea, Taiwan and Thailand all posted their biggest intraday percentage gains in at least a month as investors pared their greenback positions, although the Philippine peso hovered just above a record low it hit on Tuesday on concerns about the country's trade deficit. Emails from ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Wed, July 12 2017. 12:22 IST
RECOMMENDED FOR YOU