Asian Currencies Post Weekly Loss as Fed Rate Bets Boost Dollar

Asian currencies completed a weekly loss, led by the Singapore dollar and Malaysia’s ringgit, as the U.S. dollar climbed amid speculation the Federal Reserve is on track to raise interest rates this year.

Rupiah Leads Asia Currencies Lower This Week Amid Global Selloff

Asian currencies fell this week, led by Indonesia’s rupiah and South Korea’s won, amid a global selloff in equities and debt.

Asian Currencies Complete Weekly Drop as U.S. Data Boost Dollar

Asian currencies completed their biggest weekly decline in three months as data signaling a strengthening U.S. recovery boosted demand for the dollar.

Asian Currencies in Weekly Advance as Export Outlook Brightens

Asian currencies advanced the most last week in almost two months, led by Indonesia’s rupiah, as signs of improvement in the world’s two largest economies spurred optimism that regional exports will pick up.

Asian Currencies Decline This Week as Fed Taper Spurs Outflows

Most Asian currencies fell this week as signs of an improving U.S. economy bolstered demand for the dollar amid tapering from the Federal Reserve that’s spurring outflows from emerging markets.

Asian Currencies Advance for Third Week on Fed Stimulus Optimism

Asian currencies had a third weekly gain, led by South Korea’s won, on optimism the Federal Reserve will delay any reduction in stimulus after a budget impasse threatened the world’s largest economy.

Asian Currencies Fall Most in 6 Months as Yen Fuels Intervention

Asian currencies fell this week by the most since July as a slide in the yen fanned concern regional central banks will intervene to prevent exchange-rate gains that may hurt exports.

Philippines Joins Korea in Restraining Currency Gains: Economy

The Philippines intensified efforts to contain a surging peso, joining South Korea in clamping down on currency forward positions as monetary stimulus in the world’s biggest developed economies spurs capital flows to Asia.

Asian Currencies Have Fourth Weekly Gain on Recovery Outlook

Asian currencies had a fourth weekly gain, led by South Korea’s won, after data suggested the worst may be over for the global economy.

Asia Currencies to Extend Slide on Growth, Citigroup Says

Asian currencies are poised to keep falling after the biggest decline in eight months as the region’s economy slumps more than investors expect, spurring more interest-rate cuts, according to Citigroup Inc.

Asia Currencies Drop on Concern Global Slowdown to Hurt Regional Exports

Asian currencies weakened, led by Indonesia’s rupiah and India’s rupee, as concern the global economy is slowing dimmed the outlook for the region’s exports.

Asia Currencies Jump Most Since 2009, Led by Won, as Europe Combats Crisis

Asian currencies strengthened this week by the most in more than two years, led by South Korea’s won, after European leaders agreed measures to tackle a debt crisis that drove investors from emerging-market assets.

Asia Economy Slows As Policy Tightening Cools Growth

SINGAPORE—Asia's economy continued to gear down in June, with manufacturing activity in China slowing for a third straight month as price pressures eased, suggesting that Beijing's efforts to reduce inflation are bearing fruit.

Purchasing manufacturers indexes for India and South Korea released Friday also slipped in June, while a Taiwan PMI plunged, with activity there registering the first contraction since October.

Asian Currencies Rise on Outlook for Economic Growth in Region, Fed Policy

Asian currencies rose this week, led by South Korea’s won, on optimism funds will increase purchases of the region’s assets after economic data showed accelerating growth and the U.S. signaled rates will remain low.

The Bloomberg-JPMorgan Asia Dollar Index halted two weeks of declines as European Union leaders sought to resolve Greece’s debt crisis, shoring up appetite for higher-yielding assets. Taiwan’s economy grew more than initially estimated in the first quarter and Singapore raised its growth forecast for 2011.