Fri, 23 Nov 2012 09:31:02 GMT
Asian currencies appreciate on region's enhanced economic outlook
Asia's currencies are set to gain this week, driven by optimism the regional economy will recover, and Philippine peso. The currency appreciated 0.6% to 41.073 per dollar, while the South Korean Won strengthened 0.5% to 1,086.25 and Malaysia's Ringgit surged 0.5% to 3.0591 this week. Meanwhile, the Chinese currency Yuan added 0.13% to 6.2277. The economic outlook improved as Chinese