Friday: Markets eye rate hikes to bolster yen, rupee & won

Friday: Markets eye rate hikes to bolster yen, rupee & won

June 4, 2026 · 9 min

About this episode

This episode discusses market reactions to potential rate hikes affecting the yen, rupee, and won amidst ongoing geopolitical tensions.

There’s more conflicting news from the Middle East, with ongoing fighting in Lebanon, but hope for a deal drags oil prices down. The yen is perched on its precipice of 160 to the US dollar. And the Reserve Bank of India may hike today to support the rupee. In our deep-dive interview, ANZ’s Head of Asia Research Khoon Goh looks what what is behind the Korean won falling to its lowest level since 2009. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/

People in this episode

Host: ANZ

Guest: Khoon Goh

Topics covered

Keywords

Mentioned in this episode

Places: Lebanon, India, Korea, Middle East

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