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Asian currencies drop on expectations of lower growth

August 9, 2008

Asian currencies saw their biggest declines against the dollar in more than two years on speculation that slowing global economic growth will curb demand for Asian-made consumer electronics. by Aaron Pan and Patricia Lui, Bloomberg.com Baltimore — (TFN): Asian currencies slumped this week, led by Singapore’s dollar, on concern slowing global growth will curb demand for the [...]

Posted by TFN · Filed Under International Investing, currency trading | Comments