Forget Korea and China Risks, Asia Currencies Edge Peers in Poll
- Rupee, rupiah seen as most resilient in poll of EM watchers
- Asia to benefit most from global recovery, says FPG’s Fukaya
Survey: Asian Currencies Edge EM Peers
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Never mind the tensions with North Korea and China’s deleveraging drive, Asian currencies have emerged victorious in a Bloomberg survey of emerging market watchers.
India’s rupee and the Indonesian rupiah -- the region’s two highest-yielding currencies -- took first and third place in the poll, in which 18 investors, traders and strategists were asked to gauge the resilience of currencies when it comes to a suite of risk factors looming in the second half.