Asian FX Diverges as Yen Slides and Won Rallies
Asian currencies displayed divergent trends as the Japanese yen hovered near a 40-year low against the U.S. dollar, while the South Korean won rallied on robust stronger-than-expected GDP data. Broader regional currencies faced pressure from rising oil prices, escalating past $95 a barrel amid Middle East supply disruption fears, elevating inflation risks for energy importers. In India, the dollar-rupee pair edged to 96.64, with analysts seeing medium-term support for the rupee via the RBI's foreign-currency deposit swap program.



















