Asian Currencies: Won, Ringgit Lead Gain on Central Bank Buying – Bloomberg
June 17 (Bloomberg) — South Korea's won rose the most in almost three months and Malaysia's ringgit advanced on speculation Asian central banks will favor stronger currencies to help slow inflation caused by record oil prices. The won led gains in
Asian Currencies: Thai Baht Declines on Deficit; Won Advances – Bloomberg
June 16 (Bloomberg) — Thailand's baht fell for a fourth day, leading declines in Asian currencies, on concern costlier oil imports will increase demand for the U.S. currency and worsen the nation's trade deficit. The baht extended a three-week
Save Write to Editor – Economic Times
BASEL, SWITZERLAND: Foreign exchange trading in Asian currencies has surged but is being held back by anti-speculation controls and carries time-zone risk through dollar settlement, a research paper at the BIS has found. The authors of the report
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