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We don't see weaker Asian currencies as a positive for stock markets, but it's a little bit unfair to tarnish the whole of Asia as higher risk.
– Andrew Gillan
Found on Reuters2 years ago
In an environment where the local currency is under pressure, there's less money in the local currency to pay dollar interest payments, particularly if U.S. rates are rising as well.
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"Andrew Gillan Quotes." Quotes.net. STANDS4 LLC, 2018. Web. 22 Feb. 2018. <https://www.quotes.net/authors/Andrew+Gillan>.
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