Harvard Economist Flags Asian Currency Undervaluation Concerns

Jeffrey Frankel, Harvard Kennedy School professor and former White House adviser, warns that Asian currencies remain undervalued relative to fundamentals. The analysis focuses on exchange-rate misalignments in the region but lacks specific new data or policy catalysts. Relevant pairs include USD/JPY, USD/CNY, and other Asian FX, though the piece is interpretive commentary rather than a market-moving event.