Wiki Finance EXPO Asia 2022: How to Survive a Massive Currency Devaluation?

WikiFX is going to hold a two-day “Wiki Finance EXPO Asia 2022” at AsiaWorld-Expo on December 16-17, 2022, from 9am to 6 pm.As the world's largest financial expo for enterprises and end users, WikiExpo is going to be held in Asia for the 7th time. Against the backdrop of the Covid-19 pandemic, the Russia-Ukraine conflict and the devaluation of non-US currencies, the expo is attracting a number of participants - there are over 1,500 exhibitors, and hundreds of world-renowned analysts and KOLs will inform you about how to get through a global currency devaluation tide!

Affected by the unstoppable coronavirus disease, the supply chain crisis and the large-scale stimulus plan in the United States, the U.S. economy is facing the worst inflation crisis in 40 years. In response to this crisis, the Federal Reserve has launched a new round of interest rate hikes.

Under the hegemony of the US dollar, the global currency market is setting off a wave of devaluation. The Asia Pacific markets have been particularly hard hit, with the US dollar rising above 1,400 against the Korean won for the first time since 2009. The RMB broke 7 again, and the Japanese yen hit a new low in 24 years, with the Japanese government intervening to buy the yen for the first time. Both the Indian rupee and the Vietnamese dong fell to new record lows. There is no doubt that the Fed rate hike has had a major impact on global wealth. So what can individual investors do to turn a crisis into an opportunity amid the strongest devaluation wave in history？