Asia’s currency fight moves offshore as central banks push back
- Posted on June 11, 2026
- By Business News Today
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- 1 min read
Asia’s currency fight moves offshore as central banks push back
Asian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dollar weaken regional currencies. Policymakers are increasing oversight of offshore derivatives and tightening trading limits to stabilize currencies like the rupiah, won, rupee, and peso, which have hit record lows.
