One of the biggest drivers of Asian currencies in the coming months could be the weather.
In a note out Wednesday, strategists at Deutsche Bank examined the impact that the climate pattern La Niña could have on Asian economies, and how a pass through effect from the weather could ease a jump in inflation and eventually weaken currencies.
The National Oceanic Administration Agency has confirmed that La Niña is coming. It will follow a record-setting El Niño, which is marked by unusually dry weather.
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