Tag: Philippine peso
Asia Currencies: Korea Won, Taiwan Dollar Lead Weekly Declines
By Lilian Karunungan
Feb. 20 (Bloomberg) — Asian currencies headed for their biggest weekly drop in three months, led by South Korea’s won and Taiwan’s dollar, on concern tumbling exports will drag more of the region’s economies into recession.
Posted: February 20th, 2009 under News.
Tags: currency, Forex, Global Economy, Global Recession, Indonesai's rupiah, Malaysian ringgit, Philippine peso, South Korea's Won, Taiwan's currency, Taiwan's dollar, thai bath, Vietnam's dong
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Asian Currencies Weaken on Risk Aversion; Korean Won Advances
By Kim Kyoungwha and Ron Harui
Dec. 24 (Bloomberg) — Asian currencies fell after reports indicating a global recession is deepening sapped demand for emerging-market assets. South Korea’s won strengthened on speculation the nation’s central bank was supporting the currency, the region’s biggest loser this year.
Posted: December 25th, 2008 under News.
Tags: Asian Currencies, China, India, India's Rupee, Japan, Malaysia's Ringgit, MSCI Asia Pacifix Index, Philippine peso, South Korea, Taiwan's dollar, Won
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Dollar May Extend Drop Versus Asian Currencies, Citigroup Says
By Jamie McGee
Dec. 11 (Bloomberg) — The dollar will likely extend its retreat from a two-year high against an index of Asian currencies after breaching levels where orders to buy the greenback are clustered, according to Citigroup Inc.
Posted: December 12th, 2008 under News.
Tags: Asian Currencies, Chinese Yuan, Citigroup, Dollar, Hong Kong Dollar, Index, Indian Rupee, Indoensian Rupiah, Philippine peso, Singapore dollar, South Korean won, Taiwan Dollar, Thai baht
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Dollar Is Near 5-Week Low Before U.S. Labor, Services Reports
By Stanley White
Dec. 3 (Bloomberg) — The dollar traded near a five-week low against the yen before reports that will probably show U.S. companies accelerated job cuts and a contraction in services deepened as the world’s largest economy battles with a recession.
Posted: December 3rd, 2008 under News.
Tags: currency, Dollar, Euro, Foreign-Exchange, greenback, Low Yield, Philippine peso, Pound, Recession, Tokichi Ito, U.S. Economy, Yen
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