Indonesian Political, Business & Finance News

Video: The "Homecoming" Dollar Phenomenon Erodes Asia's Forex Reserves

| Source: CNBC Translated from Indonesian | Finance
Video: The "Homecoming" Dollar Phenomenon Erodes Asia's Forex Reserves
Image: CNBC

The war between the United States, Israel, and Iran that occurred from late February to early April 2026 not only shook global energy prices but also added pressure to financial markets, particularly in Asia. Rising geopolitical tensions have made the US dollar sought after again as a safe-haven asset, ultimately pressuring the currencies of Asian countries. Central banks in Asian countries have intervened to curb the decline of their respective currencies, which has ultimately impacted the reduction in foreign exchange reserves. So, which countries expended the most of their foreign exchange reserves during the February - March 2026 period? Watch the full information in the Profit programme on CNBC Indonesia (Friday, 10/04/2026) below.

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