Asia FX Dips After Chinese Imports Disappoint, Dollar Rises0
- Uncategorized
- May 9, 2023
Most Asian currencies retreated on Tuesday tracking softer-than-expected Chinese import data, while the dollar firmed ahead of more cues on the U.S. economy from key inflation data due this week. China’s yuan fell 0.1% as data showed China’s imports fell more than expected in April, indicating that local demand in the country remained dim despite
READ MORE