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Bangkok Post
Bangkok Post
Business

Asian currencies, stocks fall on SVB contagion fears

An investor monitors share price movements. (File photo: Pornprom Satrabhaya)

SINGAPORE: Most Asian currencies and equities lost ground on Tuesday as the United States banking sector crisis unnerved investors, although the Malaysian ringgit bucked the trend to climb higher.

US regional bank shares saw heavy selling overnight following the shutdown of Silicon Valley Bank SIVB.O and Signature Bank SBNY.O.

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