Mexico Fiscal Balance, pesos fell from previous -19.318B to -50.73B in February

Mar 30, 2026

Asia FX: Energy conflict risks pressure regional currencies – MUFG

MUFG’s Senior Currency Analyst Lloyd Chan highlights that prolonged US–Iran tensions and potential damage to Middle Eastern energy infrastructure are increasingly weighing on Asian currencies.

THB: Weak output and energy shock weigh – Commerzbank

Commerzbank highlights that Thailand’s February manufacturing output was flat year-on-year, hurt by refinery maintenance and softer external demand linked to a strong Thai Baht (THB). Authorities have cut fuel subsidies and excise taxes as Oil prices surge, but fiscal space is constrained.