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Unilever says go long as currencies extend rally: Southeast Asia

Posted on 13 May 2013

Unilever (ULVR), the seller of Lipton tea and Dove shampoo, expects Southeast Asia’s currencies to strengthen further against the U.S. dollar and euro in the next few years as foreign investment boosts economic growth.
“I would go long on the currencies in Southeast Asia,” Peter Ter-Kulve, the London- and Rotterdam-based company’s chief executive officer for Southeast Asia, said in an interview on May 10. “Most of the monetary policies are very robust at the moment and the currencies are a testament to the fundamental strength of the economies we are in.”………………………………….Full Article: Source


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