


| Dollar Drop Seen Bolstering Asia’s Stock Rally by Luring Inflows |
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“A weaker U.S. dollar tends to be beneficial for Asian equities,” said Ayaz Ebrahim, a portfolio manager at JPMorgan Asset Management in Hong Kong. “It renders Asian earnings to be worth more in U.S. dollar terms, and of course it signals higher risk appetite which is beneficial to the asset class.
Posted: 2020-08-01 00:39:00
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