![Analysis-Asia’s worries over currency volatility get in the way of rate cuts By Reuters Analysis-Asia’s worries over currency volatility get in the way of rate cuts By Reuters](https://shmi.ir/wp-content/uploads/2023/08/1693028249_Analysis-Asias-worries-over-currency-volatility-get-in-the-way-of-150x203.jpg)
[ad_1] © Reuters. Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken February 10, 2020. REUTERS/Dado Ruvic/Illustration By Ankur Banerjee SINGAPORE (Reuters) – A spurt in the U.S. dollar and China’s defence of the yuan are forcing Asian central banks to step up interventions in their weakening currencies, and one clear casualty