Asian official reserves approach 8 trillion US dollars! The strong dollar may face a well-equipped currency defense battle.

According to the Wise Finance APP, the overall official reserves of Asian countries have surged to nearly $8 trillion, providing ample "ammunition" for major currency/financial authorities from Tokyo to Mumbai to defend their currencies when needed. This also means that the strong performance of the US dollar in the foreign exchange market since October may be difficult to replicate the crazy surge in recent years. After all, for Asian sovereign currency markets that have long been plagued by a "strong dollar storm," the "ammunition arsenal" of Asian countries this time is unusually robust.