Finance

One by One, Asian Currencies Are Faltering as Oil Worries Worsen

Oil’s renewed surge above $120 a barrel is dealing a heavy blow across Asia’s currency markets, pulling some of the region’s most vulnerable currencies back to all-time lows as inflation fears resurface.

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Bloomberg
April 30, 2026·1 min read
One by One, Asian Currencies Are Faltering as Oil Worries Worsen

Image: Bloomberg

Oil’s renewed surge above $120 a barrel is dealing a heavy blow across Asia’s currency markets, pulling some of the region’s most vulnerable currencies back to all-time lows as inflation fears resurface.

Original article

One by One, Asian Currencies Are Faltering as Oil Worries Worsen

Published by Bloomberg

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