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Asian Central Banks Face a 'Runaway Train' As Dollar Slides: National Australia Bank
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May 6, 2025
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44:50
1:32Now PlayingAn extraordinary spike in Taiwan’s currency has reverberated across Asian foreign exchange markets with "virtually everyone" on guard for volatile
market developments, National Australia Bank's Ray Attrill tells Bloomberg. "They are standing in front of a runaway train," he adds, warning that central banks may be powerless to defend against unexpected moves.
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