PDA

View Full Version : Korean Won to Drop 8.4% Against Rupiah, Goldman Says - Bloomberg



NewsWhore
05-13-2009, 03:41 AM
<img alt="" height="1" width="1">
Korean Won to Drop 8.4% Against Rupiah, Goldman Says (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3Dagu2aoxYopr8%26refer%3Dasia&cid=0&ei=6HsKSvqpDc6jkAW72bSGDQ&usg=AFQjCNELCg0G3BeYJ5L39oH0bhPOA8DBWA)
Bloomberg
Shrinking domestic demand in Korea and speculation that authorities will cap gains in the won will weaken the currency by 8.4 percent to 7.60 rupiah in coming weeks, Goldman&#39;s analysts Thomas Stolper and Fiona Lake wrote in a research report. ...


More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3Dagu2aoxYopr8%26refer%3Dasia&cid=0&ei=6HsKSvqpDc6jkAW72bSGDQ&usg=AFQjCNELCg0G3BeYJ5L39oH0bhPOA8DBWA)