Asian currencies' plunge raises alertness over coordinated intervention
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Most Asian currencies have been hit this year by the strength of the dollar, prompting monetary officials to issue verbal warnings or even intervene. The finance chiefs of the U.S., Japan, and South Korea expressed concerns over the fall of the yen and the won. Some analysts view Washington's nod to concerns in Tokyo and Seoul over their plunging currencies as taking a step closer to market intervention.

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https://asia.nikkei.com/Business/Markets/Currencies/Asian-currencies-plunge-raises-alertness-over-coordinated-intervention