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  1. Global currency markets are reacting to the strength of the US Dollar, with the Indonesian Rupiah, Thai Baht, and Japanese Yen facing pressure amid hawkish central bank signals and accelerated inflation.

Policymakers in Auckland and Zurich are dealing with weaker local currencies, while India tries to limit pressure from a strong US dollar.

1 report, 1 independent Updated Jun 26
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Policymakers in Auckland and Zurich are dealing with weaker local currencies, while India tries to limit pressure from a strong US dollar.

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  1. ANZ reported falling house prices in Auckland while NZ bond yields approached US Federal Reserve rates.Sub-event
  2. Local policymakers in Auckland and Zurich face currency weakness amid strong US dollar pressure.1 source

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