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Asia FX Talking: North-south divide
April 17, 2026
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Posted 3 hours ago by
ASIA/PACIFIC: Steady gains in the Chinese renminbi are providing a good anchor for north-Asian currencies. Beyond China's huge trade surplus driving CNY gains, we suspect local authorities continue to position the renminbi as a long-term store of value on the international stage. Currencies in the south look more vulnerable to the oil shock and will struggle to rally
ING Think
Coverage and analysis from Netherlands. All insights are generated by our AI narrative analysis engine.
Netherlands
Bias: center
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