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But analysts say measuring reserves in terms of months of imports has
27 Slog 2012
Asia Mid-Day Highlights
Radhika Rao, Connie Tse, Fiona Lim, Chester Liaw, Bernard Aw
(Note: Currency values as of 0415GMT)
ASIA Rumour
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Latvia’s overall familial offering grew 0.2 percent sequentially in the first billet after adjusting to seasonal variations, beam judge from the Inner Statistical Office showed Tuesday. Annually, GDP rose 3.4 percent during the era, following a 3.6 percent increase in the fourth fourth last year. The GDP expanded annually for the third consecutive point. The
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FOREX: Ringgit To Be Vulnerable To Further Downtrend Next Week China is a bigger trade partner for Malaysia. Elsewhere in Asia, currencies were also oversold as investors shunned dangerous assets, with no strong concrete sign yet of a word of honour to the eurozone debt crisis. On a Friday-to-Friday foundation, the ringgit was |
WORLD FOREX: Dollar Rules As Investors Fret About Greece
The authorities in Indonesia and South Korea were suspected of intervening to reinforce their currencies, while traders were reportedly nervous of nearly the same action in Thailand, Malaysia and India. The greenback traded at a four-month tainted against the
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Ringgit set for worst day in 6 mths; Greek woes hit Asia FX
SINGAPORE: The Malaysian ringgit is set to suffer its biggest quotidian loss in nearly six months on Wednesday, while its Asian peers also flow on expectation of further slides amid growing worries about Greece's withdrawal from the euro zone.
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