May 17
Asian Currencies Strengthened Along With The Plan Of The Debt Roll-Over Greece
Tuesday, 28 June 2011 05:36

Asian currencies rose, led by Malaysian ringgit Malaysia and Won South Korea (Rok) related optimism Greece creditors who agree to extend the maturity of the debt.

Won rose 0.4% to 1, 081.15 per dollar at 11: 11 a.m. in Seoul. While the Malaysian ringgit rose 0.5% to 3,0455, while the Taiwan dollar rose 0.4% to NT $ 28,898 and the Philippine peso strengthened 0.1% to 43,563.

According to a Bloomberg Economist 17 surveyed, Taiwan will lift interest rates of reference amounting to 12.5 basis points (bps) to 1.875 on June 30. Inflation will reach the Carousel 4.3% this month, compared with 4.1% in May. Consumen Price Indez Indonesia (CPI) will drop the fifth month in the month of June

Baht Thailand down to weakest level in more than four months after foreign investors reducing equity ownership ahead of elections scheduled for July 3. The Baht down 0.1% to 30,92 per dollar.

Elsewhere, Indonesia Rupiah strengthened 0.1% became 8.621 per dollar. Singapore dollar appreciated 0.1% to S $ 1,2409 and Yuan China strengthened 0.05% becomes 6,4740.

 

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