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Asia Steps Up Currency Defense as Korea, Indonesia Vow Action
Asia is enhancing currency defense measures as South Korea and Indonesia commit to taking action. The Rupiah, Indonesia's currency, is highlighted in the context of these efforts.
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Adjacent reporting
- Korea’s Pension Fund NPS Expands Currency Hedging to Bolster Won
- Bank Indonesia Surprises With Jumbo Rate Hike to Defend Rupiah
- Hong Kong Dollar Bond Sales Boom as Issuers Tap Into Haven Flows
- Ruble Tops Global Currencies as Putin Reaps Iran War Oil Gain
- Indian Rupee Leads Asia Gains After RBI Cracks Down on Speculation
- South Korea Vows Action in Case of Excessive Move as Won Weakens