Fri, 04 Jan 2013 08:46:02 GMT
Won and Ringgit appreciate in Asia amid U.S. budget deal
South Korean's Won and Malaysia's Ringgit advanced in Asian currencies as the U.S. prevented $600 billion of spending cuts and tax increases, lowering the risk of the U.S. economy's recession. The Won advanced 0.6% to 1,064.53 per greenback, while the Ringgit gained 0.6% to 3.0457 and Thailand's baht rose 0.5% to 30.46, and the Asia Dollar Index increased 0.1%.