Sat, Aug 30, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies more

Asian currencies weaken as Europe debt rift dims global growth outlook

Posted on 21 October 2011

Asian currencies weakened as a lack of progress in resolving Europe’s debt crisis added to concern the global economic growth is slowing, prompting investors to cut holdings of emerging-market assets.
The won slipped from a one-month high after a rift emerged between France and Germany over how to enhance a bailout fund. European Union leaders will hold a summit on Oct. 23 to discuss solutions to the crisis. Thailand’s baht fell the most since January after the central bank said the economy may contract this quarter amid the nation’s worst floods in 50 years……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 36685 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31