Wealth and Asset Management
Asia's Wealthy Turn to Aussie as Local Currencies Wilt, UBS Says
Asia’s wealthy, anxious as many of their local currencies depreciate, are getting drawn to the resilience of the Australian dollar, says UBS Group, the world’s largest private bank. The Aussie strengthened against all but one of 12 major Asian counterparts since Sept. 30 on signs the South Pacific nation’s central…
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