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View Full Version : Asia Currencies Drop to Six-Month Low on Europe Debt Woes, Growth Concern - Bloomberg



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09-20-2011, 12:00 AM
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Asia Currencies Drop to Six-Month Low on Europe Debt Woes, Growth Concern (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH4VhkqyBU1vVRsCXtSL3SB9RCxWA&url=http://www.bloomberg.com/news/2011-09-20/asia-currencies-drop-to-six-month-low-on-europe-debt-woes-growth-concern.html)
Bloomberg
“Risk aversion has gone to the next level and the losses are justified given that European officials have not been able to reassure the markets on the default risk,” said Suresh Kumar Ramanathan, a currency strategist at CIMB Investment Bank Bhd. in ...

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