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Commodities Briefing - Categorized | Currencies, Market Moves more

Asian currencies rally against US dollar

Posted on 21 October 2008

From Thestar.com.my: Asian currencies rose Monday against the US dollar following initiatives by the respective governments in the region to cushion their economies from the impact of the global financial turmoil.

But economists warned that the currency market would remain volatile and gains in regional currencies against the greenback short-lived as the continued repatriation of funds back to the US would strengthen the greenback in the near term….. Full Article: Source


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