Asian equities, foreign exchange subdued as infections in India continue to surge

Asian equities, foreign exchange subdued as infections in India continue to surge

The Edge Markets - World·2021-04-24 05:03

BENGALURU (April 23): Asian equities and currencies were subdued on Friday, as surging coronavirus infections in India, Thailand and South Korea sapped appetite for investments in these markets.

The overnight lead from Wall Street was also negative, as major indexes fell on reports that U.S President Joe Biden planned to raise taxes on the wealthy to fund major investments.

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