Asia Makes a Stand as Dollar Threatens to Upend Currency Markets

Bloomberg

Lean Left

Mixed Factuality

Individual: Michael Bloomberg

Private Equity: The Vanguard Group

Asia Makes a Stand as Dollar Threatens to Upend Currency Markets

(Bloomberg) -- Asian officials went on the offense against the resurgent dollar, with some choosing to stand together but all united in their desire for currency stability.The latest salvo came from Japan’s currency chief, who added weight to the matter by restating the Group-of-Seven’s commitment to preventing disorderly moves. Earlier this week, South Korea said it discussed currency concerns with Japan and vowed to counter drastic swings — wi…