Source: Reuters (via feed)
Several Asian countries have intervened in the foreign exchange market. India and the Philippines are among these nations. These interventions have taken place since the Iran war started.
The countries that have intervened are unlikely to be the last in the region.
BizTrendWire Insight:
Asian countries are active in foreign exchange markets during geopolitical events, as shown by recent interventions.
Asian countries are active in foreign exchange markets during geopolitical events, as shown by recent interventions.
