But Konyn points out the yuan is not the only undervalued Asian currency against the US dollar.

不过，康礼贤指出，兑美元的亚洲货币中，人民币不是唯一被低估的。

youdao

But, while the world may be focused on the rise of the renminbi and the battle between it and the dollar, it is not the only Asian currency with strong fundamentals.

然而，世界关注更多的是人民币的升值以及人民币与美元的汇率之争，其实亚洲币值强势上涨的不仅仅是人民币。

youdao

Then there was wide fear of world recession after the Asian currency crisis, the Russian default and the rescue of Long-Term Capital Management, an overleveraged hedge fund.

而在亚洲货币危机爆发，俄罗斯违约以及拯救过度杠杆化的长期资本管理公司(LTCM)的背景下，市场对全球陷入衰退感到恐慌。

youdao

So,it's part of the global package and I expect that in the coming years this revaluation of Asian currency will take place reflecting the rapid growth in Asia, the important yield that capital inflow can find in Asia,and altogether, the increasing weight of Asia in the global economy."

VOA: standard.2009.11.13

And it was the start of what became known as the Asian currency crisis in 1997-98.

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In some ways the Asian currency turmoil and economic recession has taken the heat off politics.

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When the Asian currency contagion started, there was initially a flight of funds from East Asia to India.

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