Asian Currencies Face Continued Pressure Despite Dollar Index Decline

Regional Currency Performance

Several Asian currencies remained under pressure against the US dollar as of November 28, 2025. The Japanese yen continued its significant weakening, reaching 156.36 against the USD. Similarly, the South Korean won also showed weakness, moving towards 1,470.59. The Indonesian rupiah maintained its position at Rp16,628 per USD following its weakening trend until April 2025.

Exception in Regional Currency Movement

The Chinese yuan presented a notable exception in the regional currency movements. After experiencing weakening until April 2025, the yuan has strengthened to 7.0766 against the USD. Although this represents an improvement, the level remains relatively weak compared to historical standards.

Market Implications

The persistent weakness in most Asian currencies reflects ongoing challenges in the regional currency markets. The continued pressure despite a decline in the dollar index suggests underlying structural factors at play. Market participants will be closely monitoring these developments as they approach year-end 2025.