Asian currencies head for biggest weekly drop in 7 months

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Source: Bloomberg
Asian currencies set for the biggest weekly increase in a seven-month period on Thursday after Japan's monetary stimulus program fuelled inflows into the region's assets and as the People's Bank of China decided to widen the Yuan's trading brand. The JPMorgan Asia Dollar Index has increased by 0.5% to 117.98 this week at 4:22 p.m. Hong Kong time.

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Mon, 22 Apr 2013 11:12:05 GMT

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