Tag: Asian Currencies
Asian Currencies Gain, Led by Won, Taiwan Dollar as Stocks Rise
By Kim Kyoungwha
March 10 (Bloomberg) — Asian currencies strengthened, led by South Korea’s won and the Taiwan dollar, as stock gains helped draw funds to emerging markets.
Posted: March 10th, 2009 under News.
Tags: Asian Currencies, Currencies, Currency Trading, Forex, Forex Market, Forex Trading, Global Recession, Taiwan Dollar, The MSCI Asia Pacific
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Korea Won Rises, Reversing Loss, on Exporter Deals; Bonds Gain
By Kim Kyoungwha
March 6 (Bloomberg) — South Korea’s won advanced, reversing a decline, on speculation the currency’s slump to the lowest level in 11 years encouraged exporters to convert their foreign exchange. Bonds rose.
Posted: March 6th, 2009 under News.
Tags: Asian Currencies, bencmark kospi index, currencies trading, currency, Currency Trading, foreign debt, Forex, Global Economy, Global Market, Global Recession, Korea Financial Investment Asso, South Korea's Won, Trade Surplus
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Asian Currencies: Won, Taiwan Dollar Advance on China Plans
By Lilian Karunungan and Patricia Lui
March 5 (Bloomberg) — South Korea’s won and Taiwan’s dollar led gains in Asian currencies as speculation China may unveil new plans to revive growth helped push up global equities.
Posted: March 5th, 2009 under News.
Tags: Asian Currencies, Asian stock, China Foreign Exchange Trade System, currency reserves, Currency Trading, Dollar, ECB, Euro, Forex, Forex Market, Forex Trading, Global Recession
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Asian Currencies: Ringgit, Singapore Dollar Drop on Slowdown
By Lilian Karunungan and David Yong
March 4 (Bloomberg) — Malaysia’s ringgit traded near the weakest in three years and the Singapore dollar approached a two- year low on concern that a prolonged recession will undermine the region’s export-led economies.
Posted: March 4th, 2009 under News.
Tags: Asian Currencies, Currencies, currency, currency reserves, Currency Trading, Euro, Federal Reserve, Forex, Forex Market, Forex Trading, FX, Global Recession, MSCI Asia-Pacific Index, Ringgit Malaysia, Singapore dollar
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South Korea Won Weakens, Approaching 1,600, as Stocks Tumble
By Kim Kyoungwha
March 3 (Bloomberg) — South Korea’s won fell for a fourth day, approaching the lowest in 11 years, as a tumble in the benchmark Kospi index below the 1,000 mark rocked investor confidence in the nation’s assets.
Posted: March 3rd, 2009 under News.
Tags: Asian Currencies, Currencies, currency, Currency Trading, Dollar, Forex, Forex Trading, FX, Global Recession, Korean Won
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Asian Currencies Drop, Led by Won, Rupiah, on Recession Concern
By Lilian Karunungan
March 2 (Bloomberg) — The South Korean won and the Indonesian rupiah led declines in Asian currencies on concern the global recession is worsening, deterring investors from buying emerging-market assets.
Posted: March 2nd, 2009 under News.
Tags: Asian Currencies, Asian stocks, currencies trading, currency, Currency Trading, Forex, Global ecconomy, Global Recession, Suoth korea's exports, U.S. Economy
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