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View Full Version : Currency Defense Drops on Ringgit, Won on Exports - Bloomberg



NewsWhore
03-09-2009, 08:50 AM
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Currency Defense Drops on Ringgit, Won on Exports (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Da92NeP7O8ogk%26refer%3Dhome&cid=1312890706&ei=WRG1Sc_2KZzqQqK6gPwF&usg=AFQjCNEPXXPJsYjMdF2epMyyclW62fnWQA)
Bloomberg
By Ye Xie and Bob Chen March 9 (Bloomberg) -- Asian central banks are abandoning a six-month campaign of defending their currencies, reversing course to cheapen exports that are falling the most in a decade. Policy makers from India to Malaysia to ...


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