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- 2007-2-4
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Asian Currencies Decline on Week, Led by Thailand's Baht, Peso
bloomberg
June 7 (Bloomberg) -- Asian currencies declined this week, led by Thailand's baht and the Philippine peso, on concern rising oil prices will widen the region's trade deficit and fuel inflation.
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``The dong depreciation pressure remains strong,'' Calyon strategists including Sebastien Barbe wrote in a research note yesterday, which he confirmed in a telephone interview. ``We expect the dong to soften further to about 18,000 versus the dollar by the end of 2008.''
油价把通胀压力逐步扩散到东南亚 : |
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