{"id":369762,"date":"2026-03-28T12:27:14","date_gmt":"2026-03-28T12:27:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/369762\/"},"modified":"2026-03-28T12:27:14","modified_gmt":"2026-03-28T12:27:14","slug":"energy-crisis-hits-currencies-of-asian-economies-reliant-on-middle-east","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/369762\/","title":{"rendered":"Energy crisis hits currencies of Asian economies reliant on Middle East"},"content":{"rendered":"<p><a class=\"ArticleTag_articleTag__P1Zo7\" href=\"https:\/\/asia.nikkei.com\/business\/markets\/currencies\" data-trackable=\"primary-tag\" data-dark-mode=\"false\" rel=\"nofollow noopener\" target=\"_blank\">Currencies<\/a><\/p>\n<p class=\"NewsArticleHeader_newsArticleHeaderSubtitle__ZlvPp\" data-trackable=\"subhead\" data-dark-mode=\"false\">Philippine peso and South Korean won plunge, while dollar soars<\/p>\n<p><img decoding=\"async\" class=\"image-main img-fluid ImageNew_imageNewImageResponsive__f1VTu\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/03\/https:\/\/cms-image-bucket-productionv3-ap-northeast-1-a7d2.s3.ap-northeast-1.amazonaws.com\/images\/7\/6.jpeg\" alt=\"20260327N Banknotes\" width=\"780\" height=\"auto\" loading=\"eager\"\/><\/p>\n<p class=\"NewsArticleCaption_newsArticleCaption__fxo8v\" data-trackable=\"caption\" data-dark-mode=\"false\" style=\"display:block\">Asian currencies have slumped in the month since the start of the Iran war. (Photo by Akira Kodaka)<\/p>\n<p>SHINICHI ARAKAWA and YUKI FUJITA<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">TOKYO\/MANILA &#8212; Soaring resource prices due to the worsening situation in the Middle East are widening the gaps between currencies of Asia &#8212; which is highly dependent on the region &#8212; and of resource-rich countries like Canada and Australia, with potential repercussions\u00a0for the global economy.<\/p>\n","protected":false},"excerpt":{"rendered":"Currencies Philippine peso and South Korean won plunge, while dollar soars Asian currencies have slumped in the month&hellip;\n","protected":false},"author":2,"featured_media":369763,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[23173,72,10036,13445,2281,26692,113,580,462,61,60,65970,166127],"class_list":{"0":"post-369762","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-asian","9":"tag-business","10":"tag-crisis","11":"tag-currencies","12":"tag-east","13":"tag-economies","14":"tag-economy","15":"tag-energy","16":"tag-hits","17":"tag-ie","18":"tag-ireland","19":"tag-middle","20":"tag-reliant"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/369762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=369762"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/369762\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/369763"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=369762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=369762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=369762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}