0814 GMT - Asian currencies are expected to face renewed pressure as regional central banks prioritize domestic inflation and FX stability over closely tracking the cycle of the Federal Reserve. BNP Paribas strategist Chandresh Jain flags the baht, the won and the Indian rupee as most exposed to higher energy prices, while the ringgit and the rupiah are relatively insulated. Regional authorities may tolerate broad U.S. dollar strength but are likely to act if FX weakness threatens to fuel imported inflation, Jain says. With energy prices and potentially food prices rising, second-round effects could test policymakers' resolve and drive more differentiated policy paths across Asia. (jihye.lee@wsj.com)
(END) Dow Jones Newswires
March 20, 2026 04:14 ET (08:14 GMT)
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