In June 2026, major Asian currencies collectively depreciated against the US dollar
author: Carl
2026-06-11
The main reasons were the high interest rates of the Federal Reserve, the strengthening of the US dollar, the increase in oil prices due to the situation in the Middle East, and the continuous capital flow back to the United States.
The impact on trade was significant:
Import costs rose, raw materials and shipping fees became more expensive;
Exchange rate fluctuations were large, increasing the risk of collection and settlement, and affecting profits;
Customers in some countries paid slowly, and the order cycle was prolonged
The United States and Iran have reached an agreement, bringing positive news for shipping.
South American shipping costs have increased.
