← Top stories
Market move▼ Bearish for Indian equities
Asian Currencies Consolidate But May Be Weighed by Higher Oil Prices
The brief
- Asian currencies consolidated against the dollar
- Higher oil prices may weigh on currencies of net energy-importing countries
- A weaker rupee could raise import costs for Indian companies and pressure oil-sensitive sectors
- Bears maintain grip on oil-importing Asian currencies as crude prices bite
- Global bond sell-off deepens as Asian yields jump
- Asian stocks struggle as investors weigh US inflation, West Asia tensions
- Asian stocks dip, bonds in focus after torrid September
- El Niño to Compound Drag on Southeast Asian Debt, Analysts Say