
New chair Kevin Warsh's approach to US monetary policy strengthens the prospect of a stronger dollar. That has implications for other currencies and the central banks that manage them, especially in Asia.
The Indian rupee held steady as easing U.S.-Iran tensions lowered oil prices, boosting sentiment. However, anticipation of potential U.S. Federal Reserve rate hikes kept traders watchful. Importer demand also capped rupee gains. Despite a roadmap for a U.S.-…