You are here

Exorcising the ghost of Asian financial crisis

Thursday, September 17, 2015 - 05:50
myrusd1.jpg
Malaysian ringgit notes of different denominations are seen on top of US dollar notes.

Singapore

THE strength of the US dollar has created an illusion that Asian export numbers are weak, and Asian currencies are plunging - wrongly invoking the ghost of the Asian financial crisis as a result, a senior economist at DBS noted on Wednesday.

"Asia today looks nothing like