
Asian currencies to enjoy long-term appreciation against USD as gross national savings of Asia are higher compared to G7 countries: Jefferies
Source: Live Mint New Delhi [India], May 24 (ANI): Asian currencies are likely to appreciate against the US dollar in the long term, according to a recent report by Jefferies. The report highlighted that the gross national savings in emerging Asian countries are significantly higher than those in developed G7 nations, giving Asian economies a…