Cryptocurrency Q&A
What is the best performing currency in Asia?
What is the best performing currency in Asia?
SamuraiWarriorSoulful
Tue Nov 05 2024
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6 answers
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In Asia, several currencies have been showing strong performance recently. Specifically, the Korean Won has gained significant value this quarter, benefiting from an export rebound. The Singapore Dollar has also demonstrated its strength, appreciation by 3.2% so far in 2024. Additionally, the Chinese Yuan has been making notable gains in global trade settlement, accounting for 30% of China's trade with Southeast Asia. These currencies stand out as top performers in the Asian region.
6 answers
Margherita
Thu Nov 07 2024
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NebulaNavigator
Thu Nov 07 2024
This is in comparison to the US dollar.
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Bianca
Thu Nov 07 2024
The Ministry of Finance has attributed this success to the coordinated actions implemented by the government.
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GyeongjuGlory
Thu Nov 07 2024
These actions have been in place since February 26, 2021.
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GwanghwamunGuardianAngelWings
Thu Nov 07 2024
The Bank Negara Malaysia (BNM) has also played a crucial role in these efforts.
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