Central banks in Asia are facing a catch-22 in 2025 as the relentless rise in the U.S. dollar has caused Asian currencies like the Japanese yen, South Korean won, Chinese yuan, and Indian rupee to hit multi-year lows. While a weaker currency could boost exports amidst threats of tariffs from President-elect Donald Trump, central banks must consider the impact on imported inflation and avoid speculative bets on prolonged currency weakness. Since Trump’s 2024 election win, the U.S. dollar has appreciated by 5.39%, complicating policymaking for Asian central banks.
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NOAA will continue receiving weather data from Navy satellites after sudden reversal
NOAA will continue to receive critical satellite data from the U.S. military for hurricane forecasting, reversing a previous announcement about a cutoff due to cybersecurity concerns. The Navy's Fleet Numerical Meteorology and Oceanography Center confirmed that data from the Defense Meteorological Satellite Program will remain available, alleviating fears ahead of an expected active hurricane season. Want More Context? 🔎
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