30.09.2010 - Investors doubt ‘currency war' as bets rise for gains
From Bloomberg: Investors are stepping up bets that policy makers from Brazil to South Korea will fail in their efforts to stem the fastest appreciation of emerging-market currencies in more than a year. Options traders are paying the lowest rate in five months for the right to sell the Brazilian real, South African rand, South Korean won and Indonesian rupiah rather than buy them, based on the so-called risk reversal rate..............................................Full Article: Source
Print