Asia's currencies to climb for third straight week

Source: Bloomberg
© Scanpix/Reuters
Asian currencies were set for a third consecutive weekly advance, led by South Korean Won, as worldwide funds raised holdings of the regional assets on worries about U.S. interest rate increase. The Bloomberg-JPMorgan Asia Dollar Index, added 0.2% weekly to 115.71 at 11:22 a.m. Hong Kong time. The Won rose 1.7% to 1,036.25 per Dollar, while Malaysia's Ringgit added 1.4% to 3.2362.
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