EM ASIA FX-Ringgit, rupee up for 4th week; Asia FX seen firm

January 27, 2012 | FINANCE

* Ringgit up 2.2 pct vs dlr for week, rupee up 1.5 pct * Won, Sing dlr, Philippine peso rise for a third week * Some take profits from Asian FX on intervention caution (Adds details, updates prices) By Jongwoo Cheon SINGAPORE, Jan 27 (Reuters) – The Malaysian ringgitand the Indian rupee were poised to post a fourth consecutiveweek of gains, and most emerging Asian currencies held firm onFriday …
(continue…)

Tags: , , , , ,