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View Full Version : Won, Ringgit Lead Drop in Asian Currencies on U.S. Debt Default Concern - Bloomberg



NewsWhore
07-25-2011, 10:30 AM
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Won, Ringgit Lead Drop in Asian Currencies on U.S. Debt Default Concern (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHj3RDoY3zNEe_79_vGAHSAap2e1A&url=http://www.bloomberg.com/news/2011-07-25/won-ringgit-lead-drop-in-asian-currencies-on-u-s-debt-default-concern.html)
Bloomberg
“Given that Asian currencies have appreciated a fair bit and because of the debt overhang issue in the US, investors will continue to be cautious,” said Puay Yeong Goh, a currency strategist at Credit Suisse Group AG. in Singapore. ...

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