Southeast Asia Vows to Curb Volatility as Tariffs Roil FX Market
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Officials in Southeast Asia are prepared to tackle volatility in exchange rates and capital flows as a result of US tariffs, according to a joint statement.
Finance ministers and central bank governors representing the Association of Southeast Asian Nations in Kuala Lumpur said that while the region was likely to remain resilient, their reliance on trade and investment meant tariffs risked dampening growth momentum.