Authorities tamp down volatility with tools other than forex interventions

    20260615N Asia currencies

    The currencies of Asian countries that rely on resource imports have depreciated sharply since the start of the Iran war. (Photo by Akira Kodaka)

    MAO KATO and HAYATE KOIKE

    TOKYO — Asian countries that rely heavily on imported energy are keeping tabs on speculative trades to support their currencies without overusing interventions that drain foreign exchange reserves.

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