Unstoppable dollar risks worsening $71 billion Asia stock exodus | Economic Times

Unstoppable dollar risks worsening $71 billion Asia stock exodus https://ift.tt/rP5cCHV dollar has steamrolled through global currency markets lately, benefiting from bets on aggressive Federal Reserve rate hikes. A stronger greenback bodes ill for Asian stocks when it signals lower risk appetite and is also seen as negative for growth in emerging economies, many of which rely on imports priced in the currency.