Virus spread beyond China drives investors to US dollar

Mon, Feb 24, 2020 - 10:48 AM

Asian currencies slid on Monday as the rapid spread of Covid-19 outside China drove fears of a pandemic and sent investors flocking to gold and the US dollar for safety.

PHOTO: EPA-EFE

[SINGAPORE] Asian currencies slid on Monday as the rapid spread of Covid-19 outside China drove fears of a pandemic and sent investors flocking to gold and the US dollar for safety.

Italy, South Korea and Iran posted sharp rises in infections over the weekend. South Korea now has more...

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