{"id":470183,"date":"2026-06-10T12:29:11","date_gmt":"2026-06-10T12:29:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/470183\/"},"modified":"2026-06-10T12:29:11","modified_gmt":"2026-06-10T12:29:11","slug":"strong-dollar-rally-weighs-heavier-on-struggling-asian-countries","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/470183\/","title":{"rendered":"Strong dollar rally weighs heavier on struggling Asian countries"},"content":{"rendered":"<p><a class=\"ArticleTag_articleTag__P1Zo7\" href=\"https:\/\/asia.nikkei.com\/business\/markets\" data-trackable=\"primary-tag\" data-dark-mode=\"false\" rel=\"nofollow noopener\" target=\"_blank\">Markets<\/a><\/p>\n<p class=\"NewsArticleHeader_newsArticleHeaderSubtitle__ZlvPp\" data-trackable=\"subhead\" data-dark-mode=\"false\">Asian countries risk falling behind in upping rates to defend their currencies<\/p>\n<p><img decoding=\"async\" class=\"image-main img-fluid ImageNew_imageNewImageResponsive__f1VTu\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/06\/https:\/\/cms-image-bucket-productionv3-ap-northeast-1-a7d2.s3.ap-northeast-1.amazonaws.com\/images\/8\/1.jpeg\" alt=\"20260610 Bank Notes\" width=\"780\" height=\"auto\" loading=\"eager\"\/><\/p>\n<p class=\"NewsArticleCaption_newsArticleCaption__fxo8v\" data-trackable=\"caption\" data-dark-mode=\"false\" style=\"display:block\">The dollar rose after the release of last weekend&#8217;s U.S. employment report, putting pressure on Asian currencies. (Photo by Akira Kodaka)<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">BANGKOK &#8212; For Asian countries struggling with high oil prices due to the Iran war, the dollar&#8217;s rise is adding to their burden. While expectations for a U.S. Federal Reserve rate hike growing, and with economic uncertainty running high, Asian countries are finding it more difficult to defend their currencies.<\/p>\n","protected":false},"excerpt":{"rendered":"Markets Asian countries risk falling behind in upping rates to defend their currencies The dollar rose after the&hellip;\n","protected":false},"author":2,"featured_media":470184,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[6213,138,6694,7011,219,37232,111,139,69,16237,18835,666,25592],"class_list":["post-470183","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-asian","tag-business","tag-countries","tag-dollar","tag-economy","tag-heavier","tag-new-zealand","tag-newzealand","tag-nz","tag-rally","tag-strong","tag-struggling","tag-weighs"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/470183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=470183"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/470183\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/470184"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=470183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=470183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=470183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}