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Most emerging Asian currencies get bullish lift; China's yuan, Indian rupee solid: Reuters poll

Reuters 

By Susan Mathew(Reuters) - Investors raised their long positions on most Asian currencies over the last three weeks, with the Indian rupee enjoying the biggest boost, as the dollar was hit by uncertainty over the pace of U.S. rate increases, the euro rally and possible tapering of Japanese stimulus.The dollar ended 2017 lower, with the index measuring the greenback against a basket of six major currencies down close to 10 percent on the year. Among regional currencies, bullish bets on the Indian rupee reached its highest since August 2017, according to the poll of 11 analysts, traders and ...

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First Published: Thu, January 11 2018. 13:54 IST
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