Asian currencies climb amid Fed rate outlook

Source: Bloomberg
© Scanpix/RS
Asian currencies advanced during the week, led by the South Korea's Won and Malaysian Ringgit, amid speculation the Fed may raise the interest rate later than expected. The Ringgit appreciated 1.8% during the five days against the Greenback, while the South Korea's Won added 1.6% at 11:15 a.m. Hong Kong time.
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