SINGAPORE -- Southeast Asian currencies are trading near their lows for the year against the surging dollar, with the Malaysian ringgit and Thai baht leading the decline, as governments and businesses in the region worry about the economic impact of the depreciation.
Currencies in Southeast Asia have trended lower against the dollar in recent months due to tepid regional economic growth and interest rate gaps with the U.S. (Source photo by Ken Kobayashi)
Market Spotlight
Malaysian, Thai economies suffer as currencies slide vs. dollar
ASEAN depreciations bring higher import costs and increase inflation risks
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