Want to create an interactive transcript for this episode?
Podcast: The Afternoon Update with Lynlee Foo
Episode: Money in the Market: Will the recovery path for Asian currencies be choppy this year?
Description: In 2023, many Asian currencies were battered by a strong US dollar amid persistent inflation, rising geopolitical tensions, and high interest rates. But since last December, most Asian currencies showed signs that they will ride into 2024 on an optimistic note. That’s as investors expected a potential rate cut by the U.S. Federal Reserve as early as March. However such optimism has somewhat faded in the New Year. So what’s the outlook on Asian currencies now? Which currencies should we look out for? On Money in the Market, Hongbin Jeong speaks to Jerome Tay, Investment Manager, Asian F...