Asian currencies fell after South Korea won the speculation, the owners of crude oil refineries and other importers bought dollars to pay bills.
Fell 7 of the most actively traded Asian currencies, including the yen, crude oil rose by half a percent to 132 dollars a barrel. Rose win a 2% since 26 May, the best achievement of the Asian currency outside of Japan, the government emphasis has shifted from supporting economic growth, the containment of inflation.
"Demand for the dollar from refiners will continue because of high oil prices," says Sam Hong, a currency dealer at Shinhan Bank in Seoul. "Yesterday, the intervention was strong enough to keep the vendors to place critical"
Korean currency plunged up to become .0.3 1,027.65 per dollar from the time 1:08 in Seoul, compared with 1,025.00 yesterday, according to data brokerage firm to liquidate the funds m. Z in Seoul.
"The decision makers to think about the management of higher inflation, foreign trade and fiscal policy." In the words of Finance Minister Kang Man-soo this week. To account for slower growth, the government announced last week for a payment "is not enough to stop the slowdown of economic growth," says Frederick Newman, an economist from HSBC global market in Hong Kong.
Between the other currencies which have fallen in the region was Philippine Peso, which lost 0.1 percent to 44.487 against the U.S. dollars. And the Taiwan dollar, which slid by 0.1 percent to reach 30.394 dollars against the U.S. dollar.
Singapore dollar fell 0.1% to 1.3730 U.S. dollars. The Malaysian Ringgit and slipped by 0.1% to the 3.2715 U.S. dollars.
Low Dong:
Vietnam's dong fell by 1.9%, a Okbrankhvad since 1998, after the central bank set a weaker rate of return.
Dong declined to 16.613 against the U.S. dollar as per data reported by Bloomberg.
The latter was the biggest drop on August 11, 1998.
Select the State Bank of Vietnam on rate Dong b 16.461 against the dollar, Oooql by 2 percent. As has been said in his statement Alantrnetti yesterday. Allows the currency to trade up to a 1% in any of the sides of the price.
Ruby rising speculation. Likely to support the currency the central bank to prevent inflation, while Bank Indonesia governor Budiono this month that it will use all means Almalilp, including foreign currency exchange rates, to curb rising prices.
The central bank raised the interest rate of bonds last week postponed for the second time in a row by 8.5%, which may increase the attractiveness of government bonds.
"The central bank alert to confront a very weak currency," says Christy Tan, a senior currency strategist at Bank of America, in Singapore.
Currency traded at 9.321 to the dollar out of 9337 time late yesterday., According to data issued by Bloomberg. Ruby rose by 0.7% since the beginning of 2008.
Deputy Governor of Bank Indonesia Hartagy Sarwono on the sixth of June the consumer price gains will rise rapidly by 12.7 percent this month after the government raised fuel prices in May. Central bank raised the price of bonds, postponed last week for the second consecutive month by 8.5%.
Fell 7 of the most actively traded Asian currencies, including the yen, crude oil rose by half a percent to 132 dollars a barrel. Rose win a 2% since 26 May, the best achievement of the Asian currency outside of Japan, the government emphasis has shifted from supporting economic growth, the containment of inflation.
"Demand for the dollar from refiners will continue because of high oil prices," says Sam Hong, a currency dealer at Shinhan Bank in Seoul. "Yesterday, the intervention was strong enough to keep the vendors to place critical"
Korean currency plunged up to become .0.3 1,027.65 per dollar from the time 1:08 in Seoul, compared with 1,025.00 yesterday, according to data brokerage firm to liquidate the funds m. Z in Seoul.
"The decision makers to think about the management of higher inflation, foreign trade and fiscal policy." In the words of Finance Minister Kang Man-soo this week. To account for slower growth, the government announced last week for a payment "is not enough to stop the slowdown of economic growth," says Frederick Newman, an economist from HSBC global market in Hong Kong.
Between the other currencies which have fallen in the region was Philippine Peso, which lost 0.1 percent to 44.487 against the U.S. dollars. And the Taiwan dollar, which slid by 0.1 percent to reach 30.394 dollars against the U.S. dollar.
Singapore dollar fell 0.1% to 1.3730 U.S. dollars. The Malaysian Ringgit and slipped by 0.1% to the 3.2715 U.S. dollars.
Low Dong:
Vietnam's dong fell by 1.9%, a Okbrankhvad since 1998, after the central bank set a weaker rate of return.
Dong declined to 16.613 against the U.S. dollar as per data reported by Bloomberg.
The latter was the biggest drop on August 11, 1998.
Select the State Bank of Vietnam on rate Dong b 16.461 against the dollar, Oooql by 2 percent. As has been said in his statement Alantrnetti yesterday. Allows the currency to trade up to a 1% in any of the sides of the price.
Ruby rising speculation. Likely to support the currency the central bank to prevent inflation, while Bank Indonesia governor Budiono this month that it will use all means Almalilp, including foreign currency exchange rates, to curb rising prices.
The central bank raised the interest rate of bonds last week postponed for the second time in a row by 8.5%, which may increase the attractiveness of government bonds.
"The central bank alert to confront a very weak currency," says Christy Tan, a senior currency strategist at Bank of America, in Singapore.
Currency traded at 9.321 to the dollar out of 9337 time late yesterday., According to data issued by Bloomberg. Ruby rose by 0.7% since the beginning of 2008.
Deputy Governor of Bank Indonesia Hartagy Sarwono on the sixth of June the consumer price gains will rise rapidly by 12.7 percent this month after the government raised fuel prices in May. Central bank raised the price of bonds, postponed last week for the second consecutive month by 8.5%.
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