Asian sellers turn to exports on stronger dollar, rising raw materials costs

Rising raw material costs and a surge in dollar strength earlier this month has prompted sellers in Asia to scramble to secure more export sales, sources told Fastmarkets on Wednesday October 10.

The dollar index rose by 0.52% to 106.80 on Monday October 2 after strong United States economic data bolstered the view that the US Federal Reserve will keep interest rates...

Published

Nabilah Awang

October 11, 2023

10:30 GMT

Singapore