Indonesian Political, Business & Finance News

Yen-Singapore Dollar Kicks USD in Asia – Pizza Hut Sold!

| Source: CNBC Translated from Indonesian | Business
Yen-Singapore Dollar Kicks USD in Asia – Pizza Hut Sold!
Image: CNBC

Jakarta, CNBC Indonesia - The majority of Asian currencies weakened against the US dollar in trading today, Wednesday, 17 June 2026. This movement represents a correction amid global market dynamics that are still digesting developments in the US-Iran peace process. Meanwhile, global retail food holding company for KFC and Taco Bell, Yum! Brands, announced the sale of the global Pizza Hut restaurant chain to private investment firm Long-Range Capital with a transaction value of approximately USD 1.5 billion, or around Rp26.62 trillion.

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