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Asian currencies spared - for now

But strategists see further weakening of regional currencies as uncertainty of UK-EU split lingers

Published Fri, Jun 24, 2016 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    ASIAN currencies were spared much of the turmoil their British and European counterparts experienced on Friday.

    But as markets roiled from the turbulence brought on by a United Kingdom vote to leave the European Union, observers called for a more concerted response from policymakers to smoothen expected volatility in currencies in this region.

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