Tag: Asian financial market
Asian Currencies Drop, Led by Won, Ringgit, on Global Slowdown
By Kim Kyoungwha and David Yong
Jan. 15 (Bloomberg) — Asian currencies fell, with the Korean won, Malaysian ringgit and Taiwan dollar all reaching one-month lows, as a deepening global recession prompted investors to favor safer bets than emerging-market assets.
Posted: January 15th, 2009 under News.
Tags: Asian Currencies, Asian financial market, Australian Dollar, Bank of Korea, China yuan, Global Recession, greenback, Hongkong dollar, Indonesia's rupiah, Japan yen, Korea's Currency, Korean Won, Malaysian ringgit, MSCI Asia Pacifix Index, Phillipine peso, Singapore dollar, Stock, Taiwan Dollar, Thai baht
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