ASEAN currency bulls pin hopes on China's economic recovery

Malaysia, Indonesia, Thailand, Philippines poised for gains this year: Mizuho

20230726 Asean bills

Southeast Asian currencies endured a lackluster first half of the year as exports remained sluggish. (Source photo by AP, Getty and Reuters)

AKIRA KITADO, Nikkei staff writer

TOKYO -- The performance of ASEAN currencies this year will depend on China's recovery, analysts say, with bulls betting that Asia's largest economy will grow strong enough to boost the fortunes of its Southeast Asian neighbors.

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