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Commodities Briefing - Categorized | Currencies, Market Moves more

The case, and risks, for Asian currencies

Posted on 10 May 2013

Emerging Asian currencies such as the Malaysian ringgit have come back with a vengeance, and their gains might not be done yet. The Malaysian ringgit has gained more than 2% against the dollar so far this month, after the country’s ruling coalition led by Prime Minister Najib Razak won recent national elections.
The South Korean won has advanced more than 1.5% so far this quarter, as geopolitical tensions with North Korea eased and investors jumped to buy the won at more-attractive levels………………………………….Full Article: Source


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